SSE PLC (OTCMKTS:SSEZY - Get Free Report) announced a dividend on Thursday, July 17th, investing.com reports. Shareholders of record on Monday, July 28th will be paid a dividend of 0.537 per share by the technology company on Thursday, September 25th. This represents a yield of 3.1%. The ex-dividend date is Friday, July 25th. This is a 102.1% increase from SSE's previous dividend of $0.27.
SSE Stock Performance
OTCMKTS:SSEZY traded up $0.45 during trading hours on Friday, hitting $25.65. The stock had a trading volume of 63,290 shares, compared to its average volume of 82,276. The company has a 50 day simple moving average of $24.72 and a two-hundred day simple moving average of $21.88. The company has a quick ratio of 0.91, a current ratio of 1.01 and a debt-to-equity ratio of 0.68. SSE has a one year low of $18.60 and a one year high of $27.01.
Analysts Set New Price Targets
A number of analysts have commented on the stock. Royal Bank Of Canada reaffirmed an "outperform" rating on shares of SSE in a report on Thursday, March 27th. Morgan Stanley restated an "overweight" rating on shares of SSE in a research report on Friday, May 23rd. Two equities research analysts have rated the stock with a hold rating, two have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Buy".
Check Out Our Latest Analysis on SSEZY
About SSE
(
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SSE plc engages in the generation, transmission, distribution, and supply of electricity. It generates electricity from water, gas, coal, oil, and multi fuel. The company distributes electricity to approximately 3.8 million homes and businesses across the north of the central belt of Scotland and central southern England; and owns, operates, and develops high voltage electricity transmission system in the north of Scotland and remote islands.
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