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PPL’s updated business plan drives enhanced value for all stakeholders and delivers top-tier earnings and dividend growth
Extends 6{8ba6a1175a1c659bbdaa9a04b06717769bcea92c0fdf198d429188ebbca09471} to 8{8ba6a1175a1c659bbdaa9a04b06717769bcea92c0fdf198d429188ebbca09471} annual EPS and dividend growth through at least 2026. $2.5 billion added to capital investment plan, resulting in 5.6{8ba6a1175a1c659bbdaa9a04b06717769bcea92c0fdf198d429188ebbca09471} rate base growth through 2026 with no equity issuances. O&M savings increased to at least $175 million annually by 2026. 2023 earnings per share expected to be $1.50 to $1.65 per share, with $1.58 midpoint representing 7{8ba6a1175a1c659bbdaa9a04b06717769bcea92c0fdf198d429188ebbca09471} growth over midpoint of 2022 pro forma earnings forecast. Plans to increase next quarterly dividend by 7{8ba6a1175a1c659bbdaa9a04b06717769bcea92c0fdf198d429188ebbca09471} to $0.24 per share. Utility veteran Linda Sullivan joins PPL Board of Directors. Conference call and webcast today at 11 a.m. ET. ALLENTOWN, Pa., Jan. 11, 2023 /PRNewswire/ — PPL Corporation (NYSE: PPL)…