SSE (LON:SSE) announced its quarterly earnings results on Friday. The company reported GBX 121.10 ($1.62) earnings per share for the quarter, beating analysts’ consensus estimates of GBX 117.50 ($1.58) by GBX 3.60 ($0.05), Digital Look Earnings reports. SSE had a net margin of 2.93% and a return on equity of 9.69%.
Shares of SSE stock opened at GBX 1,421.50 ($19.07) on Friday. SSE has a 52-week low of GBX 1,176.50 ($15.79) and a 52-week high of GBX 1,554 ($20.85).
The company also recently declared a dividend, which will be paid on Friday, September 21st. Investors of record on Thursday, July 26th will be paid a GBX 66.30 ($0.89) dividend. The ex-dividend date of this dividend is Thursday, July 26th. This represents a yield of 4.65%. This is an increase from SSE’s previous dividend of $28.40.
SSE Company Profile
SSE plc produces, generates, distributes, and supplies electricity and gas, as well as other energy-related services in the United Kingdom and Ireland. It operates through three segments: Wholesale, Networks, and Retail. The company generates electricity from gas, oil, coal, water, and wind. Its electricity networks transmit and distribute electricity to approximately 3.7 million businesses, offices, and homes through approximately 130,000 kilometers of overhead lines and underground cables; and gas networks distribute gas to approximately 5.7 million homes, offices, and businesses through 75,000 kilometers of gas mains.
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