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SSE Sse Plc

1,748.00
-27.50 (-1.55%)
03 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Sse Plc SSE London Ordinary Share
  Price Change Price Change % Share Price Last Trade
-27.50 -1.55% 1,748.00 16:35:00
Open Price Low Price High Price Close Price Previous Close
1,769.00 1,754.50 1,776.50 1,748.00 1,775.50
more quote information »
Industry Sector
ELECTRICITY

Sse SSE Dividends History

Announcement Date Type Currency Dividend Amount Ex Date Record Date Payment Date
13/11/2024InterimGBP0.21202/01/202503/01/202527/02/2025
15/11/2023FinalGBP0.425/07/202426/07/202419/09/2024
15/11/2023InterimGBP0.211/01/202412/01/202408/03/2024
24/05/2023FinalGBP0.67727/07/202328/07/202321/09/2023
16/11/2022InterimGBP0.2912/01/202313/01/202309/03/2023
29/09/2021InterimGBP0.25513/01/202214/01/202210/03/2022
26/05/2021FinalGBP0.56629/07/202130/07/202123/09/2021
17/06/2020InterimGBP0.24414/01/202115/01/202111/03/2021
19/05/2020FinalGBP0.5623/07/202024/07/202018/09/2020
13/11/2019InterimGBP0.2416/01/202017/01/202013/03/2020
InterimGBP0.2415/01/202017/01/202013/03/2020

Top Dividend Posts

Top Posts
Posted at 22/11/2024 11:16 by skinny
FWIW and posted with a wry smile :-

HSBC cuts SSE price target to 2,150 (2,200) pence - 'buy'
Posted at 13/11/2024 08:19 by skinny
I missed this earlier :-
Posted at 13/11/2024 07:54 by bountyhunter
Results inline.

Interim dividend 21.2p up 6%.

Investor Timetable
Interim ex-dividend date

2 January 2025

Record date

3 January 2025

Scrip reference pricing days

2-8 January 2025

Scrip reference price confirmed and released via RNS

9 January 2025

Q3 Trading Statement

Around 31 January 2025

Final date for receipt of scrip elections

31 January 2025

Interim dividend payment date

27 February 2025

Notification of Closed Period

Around 31 March 2025

Preliminary results for the year ended 31 March 2025

21 May 2025
Posted at 08/11/2024 18:22 by jrphoenixw2
SSE (SSE.L) – Reports first-half results on Wednesday 13 November

SSE is set to report its first-half results on Wednesday and the timing of this update is particularly significant for several reasons, according to AJ Bell.

Firstly, utilities — a sector long in the crosshairs of both regulators and the public — have largely avoided the windfall taxes that have affected other industries. In the UK’s first budget under the new government, utilities were spared any new levies, a development that could impact both investor sentiment and long-term strategic planning within the sector.

Secondly, the sector remains under intense public and regulatory scrutiny. Consumers continue to feel the pressure from rising energy bills, exacerbated by inflation, while utility companies are expected to ramp up their environmental and investment commitments

Thirdly, Ofwat’s AMP8 regulatory determination for water companies is due in December, with potential ramifications for utilities across the board, including SSE, which is involved in energy distribution and could see its operational models affected by broader regulatory changes in the sector.

Lastly, interest rate cuts from the Bank of England, could make the dividend yields from utility stocks like SSE more attractive relative to cash, potentially boosting demand for shares in the sector, which traditionally offers stable returns.

“SSE’s shares are up by just under 10% in the past year and not far from their all-time highs. The company is a broad-ranging power play, as it generates electricity from gas-fired power stations, on and offshore wind farms and hydroelectric plants, and it also provides and runs electricity transmission and distribution networks,” Mould, Hewson and Coatsworth, said.

For SSE’s upcoming first-half results, two figures will likely grip the attention of investors, according to AJ Bell:

Adjusted earnings per share (EPS): SSE has set a target of 13% to 16% compound annual growth between 2022 and 2027, with EPS expected to grow from 158.5p in the year to March 2024 to between 175p and 200p by 2027. However, analysts are forecasting a more modest growth rate for this year, with the benchmark for the first-half result being last year’s adjusted EPS of 37p.

Dividend: SSE reduced its dividend in 2024 to 60p per share to fund its renewable energy transition. Looking ahead, the company plans to increase the dividend by 5% to 10% annually through 2027, with the first-half dividend payment last year standing at 20p. Investors will be keen to see whether the company can maintain its dividend growth trajectory while continuing to invest in its Net Zero ambitions.
Posted at 17/10/2024 08:49 by jrphoenixw2
RNS re: completion of buy-back a/o today.

SSE PLC










Transaction in Own Shares and Completion of Buyback

SSE plc (the "Company") announces that it has purchased the following number of its ordinary shares of 50 pence each (the "Ordinary Shares") on the London Stock Exchange through UBS AG London Branch ("UBS"). These purchases were made as part of the Company's £75 million share buyback programme as announced on 30 September 2024 (the "Programme"). All shares were purchased from UBS as an "on exchange" transaction subject to the rules of the London Stock Exchange and in accordance with the authority granted by shareholders at SSE's Annual General Meeting on 18 July 2024 and Chapter 9 of the Listing Rules. The Ordinary Shares purchased will be held as treasury shares.

The detail incl list of every single transaction (loooooooong) can be found here:
Posted at 04/10/2024 09:47 by skinny
FWIW :-

Jefferies cuts SSE to 'hold' (buy) - price target 2,050 pence

----------

Goldman Sachs cuts SSE price target to 2,490 (2,499) pence - 'buy'
Posted at 03/9/2024 12:31 by wad collector
Hopefully that is a good price.
I was looking back at the Director's dealings , and I can't see that any of them have put any money into buying SSE shares in the last yr, other than options. So maybe I shouldn't be putting any more of mine into SSE?
That said, my fears of a Labour savaging of SSE have not materialised.
Posted at 03/9/2024 07:56 by jrphoenixw2
RNS this morning:
'UK CfD Allocation Round 6

SSE plc
UK Contracts for Difference Allocation Round 6
3 September 2024

SSE has today, 3 September 2024, been informed that Cloiche Wind Farm has been successful in the UK's sixth Contracts for Difference (CfD) Allocation Round and is set to be awarded a low-carbon power contract for a total of 130.5MW.

Cloiche will receive the guaranteed strike price of £50.90/MWh, based on 2012 prices but annually indexed since then for CPI inflation, for the contracted low-carbon electricity it will generate for a 15-year period following delivery year 2027/28. The project has secured a CfD for 130.5MW, 100% of total capacity.

Securing a route to market for Cloiche ensures it can receive a guaranteed income for the renewable energy it can produce during the lifetime of the contract and for a significant part of its operational life.

Cloiche, which was granted consent in November 2023, is in late-stage development and will be targeting final investment decision in 2025.

Stephen Wheeler, Managing Director for SSE Renewables, said:

"We are delighted Cloiche has been successful in AR6. Securing a route to market will enable us to progress the project which is critical to delivering new homegrown green energy for the UK.

"But there is much more to do if the UK is to meet its ambitious clean power target by 2030, which requires a quadrupling of offshore wind capacity.

"At SSE Renewables, we are waiting for consent from the Scottish Government for Berwick Bank, which at 4.1GW would be one of the world's largest offshore wind farms and would make the single biggest contribution to the achievement of both the Scottish and UK Governments' offshore wind targets.

"Ensuring mission-critical projects like Berwick Bank get consent quickly and designing the next offshore auction round to deliver over 10GW of offshore wind will give the transition to clean power by 2030 the significant boost it clearly needs."
Posted at 22/5/2024 06:11 by bountyhunter
40p final divi as anticipated

FINANCIAL HIGHLIGHTS: DELIVERING RESILIENT EARNINGS
· Adjusted earnings per share of 158.5p, towards the top end of guidance provided in the pre-close statement reflecting strong operational performance across the diversified business mix.

· Reported earnings per share of 156.7p, reflecting positive fair value movements on derivatives offset by impairments in Triton Power and Gas Storage, reversing previous valuation increases to reflect changing market conditions, and an impairment in non-core Neos Networks investment.

· Increased profits in SSEN Transmission driven by increased investment as the business progresses with delivery of the RIIO-T2 business plan, whilst the timing of cost inflation recovery in SSEN Distribution principally led to lower profitability in that business.

· Profitability in Renewables reflects higher hedged prices combined with lower hedge buyback costs, with higher year-on-year output reflecting Seagreen offshore wind farm reaching full power.

· In SSE Thermal, lower market income was partially offset by additional capacity from Triton Power and Keadby 2 offering the market increased flexibility, alongside strong future capacity auction results.

· Gas Storage earnings lower, in line with expectations, as gas prices and price volatility reduced

· £1.1bn of long-term debt issued in the period including a €750m eight-year Green Bond at a fixed coupon of 4.0% and a further £500m 20-year Green Bond at an all-in rate of 5.575%.

· Adjusted investment, capital and acquisition expenditure of £2.5bn.

· Adjusted net debt and hybrid capital at £9.4bn, in line with pre-close guidance, with a net debt to EBITDA ratio of 3.0 times, well within a strong investment grade credit rating range.

FINAL DIVIDEND IN LINE WITH GROWTH-ENABLING PLAN
· Intention to recommend a final dividend of 40.0p for payment on 19 September 2024, making the full year dividend 60p per share in line with growth aligned dividend plan.

· Scrip uptake continues to be capped at 25% and implemented by means of a share buy-back.
Posted at 19/5/2024 07:48 by jrphoenixw2
Div declaration due on Wednesday 22nd

DividendData suggest the following: 'This SSE dividend will be the 2023/24 final dividend with an expected ex-dividend date of 25-Jul-2024 and a dividend payment date of 19-Sep-2024'. We'll see.

Div estimate, following the recent rebasing, 40p to make full year 60p.

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