This week I’ll be seeking the one and only dividend-paying stock from the utilities business sector for my Ivy portfolio.
That utilities sector has five industries including diversified, independent, regulated electric, regulated gas, and regulated water.
Today I’m reviewing a Large-cap regulated electric company, named PPL Corporation. Its trading ticker symbol is PPL.
PPL Corp is an energy and utility holding company operating through its subsidiaries. The company generates and markets electricity in the northeastern and western U.S. and in the delivery of electricity in Pennsylvania and the U.K.
The company operates in three segments: U.K. Regulated, Kentucky Regulated, and Pennsylvania Regulated.
It serves 411,000 electric and 326,000 natural gas customers in Louisville and adjacent areas in Kentucky; 525,000 customers in central, southeastern, and western Kentucky; and approximately 28,000 customers in 5 counties in southwestern Virginia, and 3 customers in Tennessee.
The company also provides electric delivery services to approximately 1.4 million customers in Pennsylvania; and operates electricity distribution networks in the United Kingdom, as well as delivers natural gas to customers in Kentucky; generates electricity from power plants in Kentucky, and sells wholesale electricity to 10 municipalities in Kentucky.
PPL Corporation was founded in 1920 and is headquartered in Allentown, Pennsylvania.
I use three key data points to gauge the value of any dividend equity or fund like PPL Corporation:
(1) Price
(2) Dividends
(3) Returns
Besides those three, four more keys will finally unlock an equity or fund in which to invest.
But those first three primary keys, best tell whether a company has made, is making, and will make money.
PPL Price
PPL’s price per share was $31.31 at yesterday’s market close. A year ago its price was $36.29 for a price drop of nearly $5 per share for the year, that’s a 13.7% tumble.
