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SSE says Covid-19 impact still in line with guidance; Plans interim divi
16th Jul 2020 07:01
(Sharecast News) - Energy company SSE said it still intended to declared a dividend in November as the impact of Covid-19 on the business remained in line with expectations during the first three months of the fiscal year.
The company maintained guidance for a £150m - £250m hit to operating profits and a 24.4p a share payout.
"SSE's dividend provides income for people's pensions and savings and is particularly vital given the economic consequences of the coronavirus pandemic," the company said on Thursday.
The company added that it continued to target delivery of its five-year dividend plan to 2022/23, including an 80p + RPI full-year payout for 2020/21.
The company maintained guidance for a £150m - £250m hit to operating profits and a 24.4p a share payout.
"SSE's dividend provides income for people's pensions and savings and is particularly vital given the economic consequences of the coronavirus pandemic," the company said on Thursday.
The company added that it continued to target delivery of its five-year dividend plan to 2022/23, including an 80p + RPI full-year payout for 2020/21.