Boston, MA 05\/27\/2014 (wallstreetpr) \u2013\u00a0PPL Corporation (NYSE:PPL)<\/b>\u2019s top executive announced on May 21, 2014 that the company is planning to take crucial and strategic action to increase the dividend to the shareholders. The company announced to take such positive action during PPL’s annual meeting in Derby, England.<\/p>\n
The Chairman, William H. Spence speaks out:<\/b><\/p>\n
PPL Corporation (NYSE:PPL) registered a marvelous figure of revenue in 2013 of $12 billion. The PPL’s Chairman and Chief Executive Officer, William H. Spence, said that the company has made an outstanding performance in 2013. It delivered strong earnings and at the same time offered reliable service to the U.S., and the U.K. based 10 million customers. The chairman commented that PPL’s 2013 result emphasized the importance of the company’s strategic rearrangement of the past few years, in order to generate the major earnings from the synchronized utility operations.<\/p>\n
Earnings from continuing operations:<\/b><\/p>\n
The biggest business in the U.S. utility division, which delivers electricity and natural gas to more than 10 million customers, has generated more than 85% of the earnings from the ongoing operations. It is predicted that the company will again manage to produce such amount from the regulated business in 2014.<\/p>\n
The decision of the shareowners: <\/b><\/p>\n
In a meeting held on May 21, 2014, the shareowners elected 12 directors to run the company. These members are appointed for \u2018one year term.’ The shareowners in the annual meeting approved compensation for the executive officers. They also appointed Ernst & Young LLP as an independent auditing firm for the tenure till December 31, 2014.<\/p>\n
PPL will pay quarterly dividend in the month of July:<\/b><\/p>\n
In the annual meeting on May 21, 2014, PPL Corporation (NYSE:PPL) \u00a0also declared the news of the quarterly dividend on the common stock. The shareholders will receive a dividend of $0.3725 per share on July 1, 2014. However, the shareholders should report a business till June 10, 2014.<\/p>\n","protected":false},"excerpt":{"rendered":"
Boston, MA 05\/27\/2014 (wallstreetpr) \u2013\u00a0PPL Corporation (NYSE:PPL)\u2019s top executive announced on May 21, 2014 that the company is planning to take crucial and strategic action […]<\/p>\n","protected":false},"author":32,"featured_media":23706,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[2236],"tags":[6926,6925],"stock_ticker":[],"class_list":["post-23703","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-nyseppl","tag-ppl-corporation-nyseppl","entry"],"acf":[],"yoast_head":"\n