SSE PLC Announces Dividend Payout and Investment Plans
SSE PLC, a leading Utilities sector company, has made several announcements. The company has confirmed its dividend payout for 2025, totaling 402.10 million GBP, representing a 6.67% increase from the previous year.
The dividend payout is as follows:
- Amount: 402.10 million GBP
- Increase from previous year: 6.67%
Renewable Energy Output Declines
SSE has reported a decline in renewable energy output due to the driest weather in Scotland in 50 years. The company’s total renewables production decreased by 4% compared to the previous period.
Investment Plans
SSE has announced plans to invest up to 300 million euros in building a new power station in Ireland. The investment aims to boost supply and respond to periods of high demand.
Stock Performance
The FTSE 100 index, which includes SSE, has shown a positive trend, with a 0.45% increase on the day. The stock market can be volatile, and this increase should be viewed in context.
Key Statistics
- SSE’s stock price increase: 0.45%
- SSE’s dividend payout: 402.10 million GBP
- Increase from previous year: 6.67%
- SSE’s investment in Ireland: up to 300 million euros