Dividends and our Scrip scheme

Dividends

In line with the updated NZAP Plus dividend plan announced in May 2023, SSE rebased the full year dividend per share for 2023/24 to 60p, with targeted increases of between 5 - 10% per annum to 2026/27 which aligns future dividends with SSE’s ambitious growth profile.

The SSE plc Scrip Dividend Scheme (the “Scheme”) gives shareholders the right to elect to receive new Ordinary Shares in the capital of the Company (credited as fully paid) instead of cash dividends. The Scheme was renewed for a three-year period at the 2024 AGM and continues to be offered to all shareholders. Consistent with the updated NZAP Plus dividend plan, take-up from the Scheme is capped at 25% will be implemented, if necessary, by means of a share repurchase programme, or ‘buyback’, in September each year following payment of the final dividend. The scale of any share repurchase program would be determined by shareholder subscription to Scheme across the full year, taking into account the interim and final dividend elections.

Click here for upcoming dividend dates
Click here for further information on the payment of dividends
Click here for further information on the operation of the Scrip Dividend Scheme (including terms and conditions)
Click here for Dividend History information