SSE plc Provides Dividend and Earnings Guidance for the Year 2013
dividend increases while maintaining dividend cover over the medium term within a range around 1.5 times.
For the year 2013, the company expects to deliver an increase of between 2% and 4% in adjusted earnings per share, which SSE uses to monitor financial performance over the medium term because it defines the amount of profit after tax that has been earned for each Ordinary share; and an increase in adjusted profit before tax which is in line with the consensus of analysts' forecasts.