PPL reports 2024 adjusted EPS $1.69; boosts capital plan to $20B, raises dividend 6%

PPL Corp

2021-FY EPS reported $1.20 revenue$8,462,000,000

2024 GAAP EPS $1.20 (net $888M); ongoing EPS $1.69, up 6% YoY from $1.60.
2025 EPS guidance $1.75–$1.87 (midpoint $1.81); extends 6-8% annual EPS/dividend growth through 2028.
Capital plan increased to $20B (2025-2028) from prior $14.3B; avg rate base growth 9.8%.
Quarterly dividend raised ~6% to $0.2725/share; payable Apr 1, 2025 to holders of record Mar 10.
Planned $2.5B equity over plan period to support growth; FFO/debt ratio target 16-18%.

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