SSE (CHIX:SSEL) Dividend Payout Ratio: 0.25 (As of Mar. 2026) — 60% Below Median

SSE CHIX:SSEL -0.37% 75 Dividend Payout Ratio is 0.25 as of Mar. 2026, which is 60% below its 10-year median of 0.63. GuruFocus rates CHIX:SSEL with a GF Score™ of 75/100 and a GF Value™ of £16.32 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 374 Utilities - Regulated companies, SSE ranks worse than 51.87% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. SSE's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.25.

The historical rank and industry rank for SSE's Dividend Payout Ratio or its related term are showing as below:

CHIX:SSEl' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.38 Med: 0.63 Max: 2.03
Current: 0.55

During the past 13 years, the highest Dividend Payout Ratio of SSE was 2.03. The lowest was 0.38. And the median was 0.63.

CHIX:SSEl's Dividend Payout Ratio is ranked worse than
51.87% of 374 companies
in the Utilities - Regulated industry
Industry Median: 0.54 vs CHIX:SSEl: 0.55

As of today (2026-06-28), the Dividend Yield % of SSE is 2.68%.

During the past 13 years, the highest Trailing Annual Dividend Yield of SSE was 9.21%. The lowest was 2.24%. And the median was 5.61%.

SSE's Dividends per Share for the months ended in Mar. 2026 was £0.21.

During the past 12 months, SSE's average Dividends Per Share Growth Rate was 5.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -10.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -5.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -3.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of SSE was 58.70% per year. The lowest was -10.30% per year. And the median was 7.20% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

SSE (CHIX:SSEl) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

SSE Dividend Payout Ratio Related Terms

SSE Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for SSE's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

SSE Dividend Payout Ratio Chart

SSE Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

Dividend Payout Ratio

Get a 7-Day Free Trial

0.38

0.00

0.49

0.46

0.55

SSE Semi-Annual Data
	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24	Mar25	Sep25	Mar26
Dividend Payout Ratio	Get a 7-Day Free Trial															0.14	0.79	0.26	1.28	0.25

CHIX:SSEL vs SRE, AES: Dividend Payout Ratio Comparison

For the Utilities - Diversified subindustry, SSE's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

SSE Dividend Payout Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, SSE's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where SSE's Dividend Payout Ratio falls into.

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75GF Score

SSE PLC CHIX:SSEL

Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.

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SSE Dividend Payout Ratio Calculation

SSE's Dividend Payout Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2026 )	/	EPS without NRI (A: Mar. 2026 )
	=	0.644	/	1.18
	=	0.55

SSE's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2026 )	/	EPS without NRI (Q: Mar. 2026 )
	=	0.214	/	0.843
	=	0.25

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.25 mean?

SSE (CHIX:SSEL) has a Dividend Payout Ratio of 0.25 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on SSE and its competitors. This is 60% below median its historical median of 0.63. Over the past decade, SSE's Dividend Payout Ratio has ranged from 0.38 to 2.03. According to the industry distribution chart, SSE ranks #194 out of 374 companies in the Utilities - Regulated industry, placing it in the top 51.9%.

Is SSE's Dividend Payout Ratio too high?

SSE's current Dividend Payout Ratio of 0.25 is 60% below median its 10-year median of 0.63. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 2.03. The Utilities - Regulated industry median Dividend Payout Ratio is 0.54. SSE's value of 0.25 is 53.7% below this industry median. Based on the distribution chart, SSE ranks #194 out of 374 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, SSE has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does SSE's Dividend Payout Ratio compare to SRE and AES?

According to the Utilities - Regulated industry distribution chart, SSE ranks #194 out of 374 companies for Dividend Payout Ratio. This places SSE in the lower half of its industry. The industry median Dividend Payout Ratio is 0.54. SSE's value of 0.25 is 53.7% below this benchmark. Historically, SSE's own Dividend Payout Ratio has ranged from 0.38 to 2.03 over the past decade. While the company's 10-year median is 0.63 vs. the industry median of 0.54, SSE has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Dividend Payout Ratio for an Utilities - Regulated company?

The median Dividend Payout Ratio among Utilities - Regulated companies is 0.54, based on 374 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SSE's current Dividend Payout Ratio of 0.25 is 53.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Dividend Payout Ratio mean?

A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on SSE and its competitors. For the Utilities - Regulated industry, the median Dividend Payout Ratio is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SSE's current Dividend Payout Ratio is 0.25, which is 60% below median its own 10-year median of 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is SSE stock overvalued right now?

Based on GuruFocus' analysis, SSE (CHIX:SSEL) is currently considered Significantly Overvalued. The stock's GF Value™ is £16.32, compared to a current price of £24.05 — trading 47.4% above its estimated fair value. The current Dividend Payout Ratio is 0.25, which is 60% below median its 10-year median of 0.63 and 53.7% below the Utilities - Regulated industry median of 0.54. SSE's overall GF Score™ is 75/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Dividend Payout Ratio calculated?

Dividend Payout Ratio is calculated from a company's financial statements. For SSE (CHIX:SSEL), the current Dividend Payout Ratio is 0.25 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is SSE (CHIX:SSEL) Overvalued in 2026?

Based on GuruFocus' analysis, SSE stock appears to be overvalued. The current stock price of £24.05 is trading 47.4% above its estimated GF Value™ of £16.32. GuruFocus considers SSE to be Significantly Overvalued.

Key valuation signals for CHIX:SSEL:

Dividend Payout Ratio: 0.25 (60% below median its 10-year median of 0.63)
GF Value™: £16.32 vs. price of £24.05 (47.4% above fair value)
GF Score™: 75/100 with 5 warning signs
Industry Position: 53.7% below the Utilities - Regulated median (#194 of 374)

No single metric tells the full story. See the CHIX:SSEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

SSE Business Description

Industry Utilities Utilities - Regulated

Comparable Companies LSE:MTLN LSE:TEP LSE:YU.XMAD:IBE MIL:ENEL XPAR:ENGI ADX:TAQA SRE XTER:EOAN XTER:RWE SAU:2082 DFM:DEWA XTER:EBK XLIS:EDP TSX:BIP.UN TSE:9502 ASX:ORG AES TSX:CU BSP:ENEV3

Other Exchanges SSEZY:USA SSEZF:USA SSEP N:Mexico SSE:UK SCT:Germany

Address 200 Dunkeld Road, Inveralmond House, Perth, Perthshire, GBR, PH1 3AQ

Website https://www.sse.com

SSE is an integrated utility based in the United Kingdom owning and operating renewables and gas-fired power plants and electricity transmission and distribution networks. The firm is also involved in smaller related businesses such as gas storage and energy services.

75GF Score

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£24.05

Price

£16.32

GF Value

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