A portfolio of stocks I've been building since September 3, 2019, named Volio, will eventually hold 52 dividend dogs. Volio is the fifth portfolio I've built (at a one dividend dog per-week pace) since 2014. Five portfolios = V for Volio!

Today I'm reviewing the fifth of five utility sector stocks poised to join my Volio folio this week. One could be my forty-third pick for Volio!

That utility sector includes six industries all geared to delivering water, gas or electricity (or all three) to us. Utility industries are: diversified; independent power producers; regulated electric, regulated gas; regulated water; renewable.

My subject today is a large cap regulated electric utility named, PPL Corp. Its trading ticker symbol is PPL. This is my first ever report on PPL Corp.

PPL is a regulated utility with three key subsidiaries.

The international regulated delivery segment operates distribution networks providing electricity service to customers in the United Kingdom.

Pennsylvania regulated delivery and transmission segment provides distribution to customers in central and eastern Pennsylvania.

LG&E and KU are involved in regulated electricity generation, transmission, and distribution in Kentucky.

PPL Corporation was founded in 1920 and is headquartered in Allentown, Pennsylvania.

I use three key data points to gauge dividend equities or funds like PPL Corp. (PPL):

(1) Price

(2) Dividends

(3) Returns

Those three basic keys best tell whether a company has made, is making, and will make money.

PPL Price

PPL's price per share closed at $25.71 yesterday. A year ago their price was $31.06. Price fell to $5.35 or just over 17% last year.

Assuming PPLs stock trades in the range of $15 to $35this next year, its recent $25.71 price might rise by $3.29 to reach $29.00 by June 26, 2021.

PPL Dividends

PPL's most recently declared quarterly dividend was $0.415 payable, July 1st. That $0.415 Q dividend equates to $1.66 annually for an annual yield of 6.46% at yesterday's $25.71 share price.

PPL Gains?

Adding the $1.66 annual estimated dividend to my $3.29 optimistic estimate of PPL Corp. (PPL) price upside shows a $4.95 potential gross gain, per share, to be reduced by any costs to trade the shares.

If we put little over $1,000.00 today in PPL Corp we would buy 39 shares of PPL stock.

A $10 broker fee paid half at purchase and half at sale could cost us about $0.26 per share.

Subtract that $0.26 brokerage cost from my estimated $4.95 gross gain per share results in a net gain of $4.69 X 39 shares = $182.91 for an 18.25% net gain on a $1,002.69 investment.

PPL Corp. (PPL) shows a possible 18.25% net gain including a 6.46% dividend yield. It could be more, it could be less. 

The above speculation is based on past performance and supposition. Only time and money invested will tell if PPL Corp. (PPL) is worth it.