SSE have announced an interim dividend of 24 pence, down 18% reflecting dividend policy outlined in May 2018

DividendMax Ltd.

SSE have announced an interim dividend of 24 pence, down 18% reflecting dividend policy outlined in May 2018

The interim dividend of 24 pence is in line with the 80 pence per share that is expected to be recommended at year-end and is consistent with the five-year plan announced in May 2018, to which SSE remains committed.

Other financial highlights include:

Adjusted operating profit on continuing operations: £491.9m, up 14%

Reported operating profit/(loss) on continuing operations: £347.5m, versus £(184.6)m last year

Adjusted profit before tax on continuing operations: £263.4m, up 15%

Reported profit/(loss) before tax on continuing operations: £128.9m, versus £(284.6)m last year

Adjusted earnings per share on continuing operations: 18.0p, up 10%

Reported earnings/(loss) per share on continuing operations: 6.2p, versus (26.4p) last year

Companies mentioned