PPL extends 6-8% EPS/DPS growth through 2026; guides 2023 EPS $1.50-$1.65; raises dividend 7%

PPL Corp

2021-FY EPS reported $1.02 revenue$7,902,000,000

Extends 6-8% annual EPS and dividend growth through at least 2026; 2023 EPS guidance $1.50-$1.65 (midpoint $1.58).
Adds $2.5B to capital plan, totaling $14.3B through 2026; projects 5.6% rate base growth with no equity issuances.
Increases O&M cost savings target to at least $175M annually by 2026; carbon reduction goal 67% from 2010 by 2030.
Plans 7% dividend increase to $0.24 per share (from $0.225); subject to Board approval.
Linda Sullivan appointed to Board; effective Jan 10, 2023; brings utility and financial expertise.

item 5.02 item 7.01 item 9.01

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Appointed

Linda G. Sullivan

Director

PPL · PPL Corp

Effective: 2023-01-10
Filed: January 11, 2023, 6:59 PM ET

On January 6, 2023, the Board of Directors ("Board") of PPL Corporation ("PPL" or the "Company") elected Linda G. Sullivan a director of the Company, effective January 10, 2023.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Linda G. Sullivan was elected as Director at PPL Corp.

Action: elected
Role: Director

Exact text from the filing

On January 6, 2023, the Board of Directors ("Board") of PPL Corporation ("PPL" or the "Company") elected Linda G. Sullivan a director of the Company, effective January 10, 2023.

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Source: SEC EDGAR

accession 0000922224-23-000006

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