Barrons.com
Utility PPL Raised Its Dividend This Week. Here Are 5 Who Kept Their Payouts Steady.
PPL, a utility based in Allentown, Pa., said this week that it plans to raise its next quarterly dividend by 7%. The stock, which yields 2.9%, has a one-year return of about 6%, dividends included, compared with minus 14% for the S&P 500 through Thursday’s close. In other dividend news, Citigroup (C), Procter & Gamble (PG), Target ( TGT ), Colgate-Palmolive (CL), and Lennar (LEN) were among the large companies that said this week they will maintain their dividends at current levels.