3 Quotes by William Hecht

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.

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.

Improved performance in our Pennsylvania delivery and international delivery business segments more than offset the tighter margins in our supply business segment.