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SSE PLC Announces Scrip Dividend Scheme for Shareholders
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SSE PLC Announces Scrip Dividend Scheme for Shareholders

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The latest announcement is out from SSE ( (GB:SSE) ).

SSE PLC has announced the Scrip dividend scheme for its shareholders, offering them the option to receive dividends in the form of additional shares. The Scrip reference price for these shares is set at 1,611 pence per share, calculated based on the company’s share prices over a specified period. The maximum number of new shares that could be issued under this scheme is approximately 14.5 million, constituting around 1.3% of SSE’s issued share capital. Shareholders have until January 31, 2025, to elect to participate or withdraw from the scheme, with dividends or new shares scheduled to be distributed on February 27, 2025.

More about SSE

YTD Price Performance: -0.68%

Average Trading Volume: 3,331,113

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £17.23B

See more insights into SSE stock on TipRanks’ Stock Analysis page.

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