Scottish and Southern ready to up dividend

first_imgWednesday 29 September 2010 11:02 pm KCS-content SCOTTISH and Southern Energy is on track to hike its dividend by at least two per cent above inflation this year, the firm said in a trading update. The gas and electricity provider promised to raise its dividend payments above the retail price index measure of inflation, as well as maintaining dividend coverage. Scottish and Southern said it has commissioned 90 megawatts of new onshore wind farms since the start of the financial year, adding to around 1,000 megawatts worth of projects currently under construction. The firm is half way through its five-year investment drive, which will come to an end in March 2013. Last week, Scottish and Southern agreed a contract with Nissan to provide the carmaker with its own electricity network. Nissan needs a network to allow electric car users to charge their vehicles.The company is set to release its interim results in November. Shares fell 1.5 per cent to £11.18 yesterday. whatsapp Scottish and Southern ready to up dividend Share whatsapp Tags: NULL More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comPuffer fish snaps a selfie with lucky divernypost.com980-foot skyscraper sways in China, prompting panic and‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child Show Comments ▼last_img

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