tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

SSE Shareholders Opt for Scrip, Cutting Cash Dividend Outflow by £108m

Story Highlights
  • SSE shareholders widely elected the scrip option for the 2026 interim dividend, covering over 503 million shares.
  • The scrip take-up cuts SSE’s cash dividend outflow by about £108 million and slightly dilutes share capital by 0.42%.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
SSE Shareholders Opt for Scrip, Cutting Cash Dividend Outflow by £108m

Claim 70% Off TipRanks Premium

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

SSE plc has announced that 22,791 shareholders have opted to receive the interim dividend for the year ending 31 March 2026 in the form of a scrip dividend, covering 503,302,413 ordinary shares at 21.4 pence per share. This election reduces the company’s interim dividend cash funding requirement by £107.7 million and will result in the issuance of 5,017,205 new fully paid ordinary shares on 30 January 2026, an increase of 0.42% in the issued share capital based on the 5 December 2025 record date and a scrip reference price of 2,146 pence per share.

The most recent analyst rating on (GB:SSE) stock is a Buy with a £2600.00 price target. To see the full list of analyst forecasts on SSE stock, see the GB:SSE Stock Forecast page.

Spark’s Take on GB:SSE Stock

According to Spark, TipRanks’ AI Analyst, GB:SSE is a Outperform.

SSE’s overall score is driven by a strong strategic investment plan and positive technical indicators. However, financial performance concerns, particularly in cash flow management, and a relatively high valuation temper the outlook. The company’s proactive corporate events and earnings call insights provide a positive strategic direction, supporting a favorable long-term view.

To see Spark’s full report on GB:SSE stock, click here.

More about SSE

SSE plc is a UK-based energy company focused on electricity generation, transmission and distribution, as well as related utility services for residential, commercial and industrial customers in the UK and Ireland.

Average Trading Volume: 3,886,790

Technical Sentiment Signal: Buy

Current Market Cap: £27.33B

For detailed information about SSE stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1