Sse Plc to Issue Dividend of GBX 28.40 (SSE)

Sse Plc (LON:SSE) declared a dividend on Wednesday, November 8th, Upcoming.Co.Uk reports. Investors of record on Thursday, January 18th will be given a dividend of GBX 28.40 ($0.39) per share on Friday, March 16th. This represents a yield of 2.09%. The ex-dividend date of this dividend is Thursday, January 18th. The official announcement can be seen at this link.

SSE (LON SSE) opened at GBX 1,321 ($17.91) on Friday. The company has a market capitalization of $13,400.00 and a PE ratio of 978.52. SSE has a 52 week low of GBX 1,272.97 ($17.26) and a 52 week high of GBX 1,570 ($21.29).

SSE (LON:SSE) last posted its quarterly earnings results on Wednesday, November 8th. The company reported GBX 31.20 ($0.42) EPS for the quarter, beating the Zacks’ consensus estimate of GBX 30.30 ($0.41) by GBX 0.90 ($0.01). The business had revenue of GBX 1,218.41 billion during the quarter. SSE had a return on equity of 9.69% and a net margin of 2.93%.

A number of research analysts recently commented on the company. Deutsche Bank reaffirmed a “sell” rating and issued a GBX 1,250 ($16.95) price target on shares of SSE in a research note on Friday. Citigroup reaffirmed a “neutral” rating and issued a GBX 1,388 ($18.82) price target on shares of SSE in a research note on Wednesday, November 8th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a GBX 1,550 ($21.02) price target on shares of SSE in a research note on Tuesday, November 28th. Barclays reaffirmed an “overweight” rating and issued a GBX 1,665 ($22.58) price target on shares of SSE in a research note on Wednesday, November 8th. Finally, Credit Suisse Group reaffirmed an “outperform” rating and issued a GBX 1,500 ($20.34) price target on shares of SSE in a research note on Thursday, October 5th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and nine have issued a buy rating to the stock. SSE currently has an average rating of “Buy” and an average target price of GBX 1,534.93 ($20.82).

COPYRIGHT VIOLATION WARNING: This news story was reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this news story on another website, it was illegally stolen and republished in violation of U.S. and international copyright and trademark law. The correct version of this news story can be accessed at https://www.dispatchtribunal.com/2018/01/13/sse-plc-to-issue-dividend-of-gbx-28-40-sse.html.

SSE Company Profile

SSE plc is engaged in producing, distributing and supplying electricity and gas, as well as other energy-related services to homes and businesses in Great Britain and Ireland. The Company’s segments include Networks, which consists of electricity distribution, electricity transmission and gas distribution; Retail, which consists of energy supply, enterprise and energy-related services, and Wholesale, which consists of energy portfolio management and electricity generation, gas storage and gas production.

Dividend History for SSE (LON:SSE)

Receive News & Ratings for SSE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SSE and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply