RE:Dividend Increase Status !!!!PPL intention was to raise the divi 1 cent if the IPL deal closed and an addition 1 cent once Heartland was fully operational. Now that IPL is off the table this won't proceed.
If you read the June 14 press release on the PPL web site, they state the business is showing significant growth for the balance of 2021 returning to pre-covid results or better. I'm not expecting a divi increase when Q2 is announced tonight since they have so many big projects in the queue waiting for funding. And with the constant media warnings of a fourth covid wave this fall (driven by a new variant), I would expect management to sit tight on any divi increase.