William Hecht
William Hecht
business delivery improved margins offset performance segments supply
Improved performance in our Pennsylvania delivery and international delivery business segments more than offset the tighter margins in our supply business segment.
above continue dividends earnings exceed expect few growth next per percent rate ratio result share
We expect that the growth rate of our dividends over the next few years will continue to exceed the growth rate in our earnings per share and, therefore, result in a dividend payout ratio above 50 percent after 2006.
contracts earnings energy existing favorable forward increases led past prices prospect sharp six wholesale
The prospect of favorable new energy contracts for PPL as existing long-term contracts expire, in conjunction with sharp increases in forward wholesale energy prices over the past six months, led us to increase our long-term earnings forecast.