SSE increases 2013 full year dividend by 3%

DividendMax Ltd.

SSE increases 2013 full year dividend by 3%

The key financial results for the year to 31 March 2014 are in line with the expectations set out in the Notification of Close Period published on 26 March 2014

 

·      Adjusted earnings per share rose  by 4.1% to 123.4 pence;

 

·      Adjusted profit before tax rose  by  9.6% to £1,551.1m;

 

·      Reported profit before tax rose by 0.7% to £575.3m;

 

·      Investment and capital expenditure increased by 6.5% to £1.583bn;

 

·      Adjusted net debt and hybrid capital rose by £311.5m to £7.659bn; and

 

·      Full-year dividend increased by 3.0% to 86.7 pence per share.

Companies mentioned