SSE plc engages in the generation, transmission, distribution, and supply of electricity. It generates electricity from water, gas, coal, oil, and multi fuel. The company distributes electricity to approximately 3.8 million homes and businesses across the north of the central belt of Scotland and central southern England; and owns, operates, and develops high voltage electricity transmission system in the north of Scotland and remote islands. It also produces, stores, distributes, and supplies gas. In addition, it engages in the electricity and utility contracting, telecommunications, energy trading, insurance, and property holding businesses, as well as provides maintenance services. The company was formerly known as Scottish and Southern Energy plc and changed its name to SSE plc in September 2011. SSE plc was incorporated in 1989 and is based in Perth, the United Kingdom.
SSE Dividend Announcement
• SSE announced a semi annually dividend of $0.51 per ordinary share which will be made payable on 2024-09-26. Ex dividend date: 2024-07-26
• SSE annual dividend for 2024 was $0.76
• SSE annual dividend for 2023 was $1.19
• SSE's trailing twelve-month (TTM) dividend yield is 4.04%
• SSE's payout ratio for the trailing twelve months (TTM) is 53.66%
• SSE's dividend growth over the last five years (2018-2023) was -1.25% year
• SSE's dividend growth over the last ten years (2013-2023) was -0.86% year
SSE Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-07-26 | $0.51 | semi annually | 2024-09-26 |
| 2024-01-11 | $0.25 | semi annually | 2024-03-15 |
| 2023-07-27 | $0.84 | semi annually | 2023-09-28 |
| 2023-01-12 | $0.34 | semi annually | 2023-03-16 |
| 2022-07-28 | $0.76 | semi annually | 2022-09-29 |
| 2022-01-13 | $0.34 | semi annually | 2022-03-17 |
| 2021-07-29 | $0.80 | semi annually | 2021-09-30 |
| 2021-01-14 | $0.34 | semi annually | 2021-03-18 |
| 2020-07-23 | $0.73 | semi annually | 2020-09-25 |
| 2020-01-16 | $0.29 | semi annually | 2020-03-20 |
| 2019-07-25 | $0.85 | semi annually | 2019-09-27 |
| 2019-01-17 | $0.39 | semi annually | 2019-03-22 |
| 2018-07-26 | $0.87 | semi annually | 2018-09-28 |
| 2018-01-18 | $0.39 | semi annually | 2018-03-23 |
| 2017-07-26 | $0.86 | semi annually | 2017-09-29 |
| 2017-01-18 | $0.34 | semi annually | 2017-03-24 |
| 2016-07-27 | $0.47 | semi annually | 2016-09-30 |
| 2016-01-27 | $0.39 | semi annually | 2016-03-28 |
| 2015-07-22 | $0.97 | semi annually | 2015-09-25 |
| 2015-01-21 | $0.40 | semi annually | 2015-03-30 |
| 2014-07-23 | $0.97 | semi annually | 2014-09-26 |
| 2014-01-22 | $0.43 | semi annually | 2014-03-28 |
| 2013-07-31 | $0.93 | semi annually | 2013-10-04 |
| 2013-01-24 | $0.36 | semi annually | 2013-04-02 |
SSE Dividend per year
SSE Dividend growth
SSE Dividend Yield
SSE current trailing twelve-month (TTM) dividend yield is 4.04%. Interested in purchasing SSE stock? Use our calculator to estimate your expected dividend yield:
SSE Financial Ratios
P/E ratio12.04
PEG ratio-0.83
P/B ratio2.25
ROE19.77%
Payout ratio53.66%
Current ratio1.10
Quick ratio1.03
Cash Ratio0.22
SSE Dividend FAQ
How much is the next SSE dividend?
SSE's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next SSE dividend. The next SSE dividend will be released in January, or July.
When is SSE dividend paid?
SSE pays dividends on a semi annually basis. The specific dates may vary each year but are generally around January, and July. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does SSE pay?
The specific amount of SSE dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find SSE's dividend history.
Does SSE stock pay dividends?
Yes, SSE does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find SSE's dividend history.
How much dividend does SSE pay?
SSE paid $0.76 in 2024, $1.185 in 2023, $1.098 in 2022, $1.141 in 2021, and $1.021 in 2020.
How often does SSE pay dividends?
SSE typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around January, and July.
What is SSE's dividend yield?
The current dividend yield for SSE is 4.04%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate SSE's exact dividend yield.
When does SSE go ex dividend?
SSE's ex-dividend date for the latest dividend was on 2024-07-26. SSE typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next SSE dividend paid?
SSE pays dividends on a semi annually basis, typically around January, or July, but the exact dates can vary each year.
Will SSE increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether SSE will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is SSE dividend per share?
SSE paid $0.76 per share in 2024 and $1.185 per share in 2023. The amount of dividend per share that SSE pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is SSE a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is SSE a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is SSE a dividend stock?
Yes, SSE is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is SSE a good dividend stock?
Whether SSE is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. SSE has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating SSE as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating SSE as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does SSE pay dividends monthly?
SSE typically pays dividends on a semi annually basis.
Does SSE pay dividends quarterly?
SSE currently pays dividends on a semi annually basis.
Has SSE ever paid a dividend?
Yes, SSE has a history of paying dividends to its shareholders. SSE is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy SSE dividend stocks?
To buy SSE you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy SSE stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy SSE stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does SSE pay dividends 2024?
SSE pays dividends on a semi annually basis. 2024 dividend payments are in 2024-09-26. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will SSE increase its dividend in 2024?
Decisions regarding SSE dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date SSE dividend overview you can look into the above table of dividend history.
How SSE dividend works?
The SSE dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how SSE's dividend process works:
1. Determination of Dividend: SSE's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, SSE publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, SSE distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from SSE are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: SSE's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, SSE publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, SSE distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from SSE are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are SSE dividends paid?
SSE dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: SSE sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, SSE distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: SSE declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: SSE sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, SSE distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: SSE declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does SSE pay dividends?
SSE typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does SSE pay dividends?
The general pattern is that SSE pays dividends around January, and July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is SSE dividend safe?
The safety of SSE's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of SSE's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review SSE's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of SSE's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review SSE's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.