SSE plc (LON:SSE) Declares GBX 21.20 Dividend

SSE plc (LON:SSE) announced a dividend on Wednesday, November 13th,Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, January 2nd will be paid a dividend of GBX 21.20 ($0.27) per share on Thursday, February 27th. This represents a dividend yield of 1.25%. The ex-dividend date of this dividend is Thursday, January 2nd. The official announcement can be seen at this link.

SSE Price Performance

Shares of SSE stock traded down GBX 6.74 ($0.09) during trading hours on Wednesday, reaching GBX 1,694.26 ($21.80). The company’s stock had a trading volume of 2,926,941 shares, compared to its average volume of 4,486,746. The firm’s 50 day simple moving average is GBX 1,877.69 and its 200-day simple moving average is GBX 1,830.98. The company has a market capitalization of £18.64 billion, a price-to-earnings ratio of 1,083.65, a PEG ratio of 3.06 and a beta of 0.56. SSE has a fifty-two week low of GBX 1,543.50 ($19.86) and a fifty-two week high of GBX 2,019 ($25.98). The company has a quick ratio of 0.50, a current ratio of 1.10 and a debt-to-equity ratio of 78.20.

Insider Activity

In related news, insider Martin Pibworth bought 40 shares of the stock in a transaction that occurred on Thursday, September 19th. The stock was acquired at an average cost of GBX 1,938 ($24.94) per share, with a total value of £775.20 ($997.56). 0.12% of the stock is owned by corporate insiders.

SSE Company Profile

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.