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Utilities Flat — Utilities Roundup

Provided by Dow Jones

Feb 16, 2024 9:56pm

The utilities sector was steady ahead of the Presidents Day holiday weekend.

PPL Corp. plans to invest billions more into its system as the Pennsylvania-based electrical-utility company seeks to draw higher rates.

NextEra Energy increased its quarterly dividend by about 10%.

Write to Mary de Wet at mary.dewet@wsj.com

(END) Dow Jones Newswires

February 16, 2024 16:56 ET (21:56 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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