SSE Dividends and Buybacks
Dividend criteria checks 2/6
SSE is a dividend paying company with a current yield of 4.1% that is well covered by earnings. Next payment date is on 27th February, 2025 with an ex-dividend date of 2nd January, 2025.
Key information
4.1%
Dividend yield
-0.03%
Buyback Yield
| Total Shareholder Yield | 4.1% |
| Future Dividend Yield | 4.9% |
| Dividend Growth | -1.6% |
| Next dividend pay date | 27 Feb 25 |
| Ex dividend date | 02 Jan 25 |
| Dividend per share | UK£0.612 |
| Payout ratio | 35% |
Recent dividend and buyback updates
Recent updates
There's No Escaping SSE plc's (LON:SSE) Muted Earnings
Feb 13
SSE (LON:SSE) Has A Pretty Healthy Balance Sheet
Jan 29Growth Investors: Industry Analysts Just Upgraded Their SSE plc (LON:SSE) Revenue Forecasts By 28%
Nov 14SSE plc's (LON:SSE) Business Is Yet to Catch Up With Its Share Price
Oct 31Returns At SSE (LON:SSE) Are On The Way Up
Oct 13Estimating The Fair Value Of SSE plc (LON:SSE)
Sep 25Is SSE (LON:SSE) A Risky Investment?
Sep 10What SSE plc's (LON:SSE) P/S Is Not Telling You
Jul 26Shareholders May Not Be So Generous With SSE plc's (LON:SSE) CEO Compensation And Here's Why
Jul 11A Look At The Intrinsic Value Of SSE plc (LON:SSE)
Jun 26SSE (LON:SSE) Might Have The Makings Of A Multi-Bagger
Jun 10SSE plc Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected
May 25Analysts' Revenue Estimates For SSE plc (LON:SSE) Are Surging Higher
May 23SSE plc's (LON:SSE) P/E Still Appears To Be Reasonable
Apr 25We Like These Underlying Return On Capital Trends At SSE (LON:SSE)
Mar 11Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SSE's dividend payments have been volatile in the past 10 years.
Growing Dividend: SSE's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| SSE Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SSE) | 4.1% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.7% |
| Industry Average (Electric Utilities) | 4.9% |
| Analyst forecast (SSE) (up to 3 years) | 4.9% |
Notable Dividend: SSE's dividend (4.1%) is higher than the bottom 25% of dividend payers in the UK market (2.11%).
High Dividend: SSE's dividend (4.1%) is low compared to the top 25% of dividend payers in the UK market (5.71%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.3%), SSE's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (505%), SSE's dividend payments are not well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/21 02:30 |
| End of Day Share Price | 2025/02/21 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
SSE plc is covered by 31 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Juan Rodriguez | AlphaValue |
| Dominic Nash | Barclays |
| Andrew Fisher | Berenberg |