(VIANEWS) – APERAM (APAM.AS) is among this list of stock assets with the highest dividend rate and return on equity on the Steel industry.
| Financial Asset | Price | Forward Dividend Yield | Return on Equity |
|---|---|---|---|
| APERAM (APAM.AS) | €32.70 | 6.1% | 17.26% |
| ARCELORMITTAL SA (MT.AS) | €24.51 | 1.66% | 11.45% |
Several Euronext companies pay out dividends to its shareholders. The dividend yield is a dividend to price ratio showing how much a company pays out in dividends each year.
1. APERAM (APAM.AS)
6.1% Forward Dividend Yield and 17.26% Return On Equity
Aperam S.A., together with its subsidiaries, engages in the production and sale of stainless and specialty steel products worldwide. It operates through four segments: Stainless & Electrical Steel; Services & Solutions; Alloys & Specialties; and Recycling & Renewables. The company offers range of stainless steel products, including grain oriented and non-grain oriented electrical steel products, and specialty alloys. It is also involved in the distribution of its products; and the provision of transformation services that include value added and customized steel solutions. In addition, the company designs, produces, and transforms various specialty alloys and other specific stainless steels in forms, such as bars, semis, cold-rolled strips, wire and wire rods, and plates in a range on grades. Further, it engages in the trading, processing, and recycling of raw materials, such as superalloys and titanium; provides Recyco, an electric arc furnace recycling facility that retrieves dust and sludge to recycle stainless steel raw materials and reduce waste; and produces wood and charcoal from cultivated eucalyptus forests. The company serves customers in aerospace, automotive, catering, construction, household appliances, electrical engineering, industrial processes, medical, and oil and gas industries. It distributes its products through a network of steel service centers, transformation facilities, and sales offices. The company was incorporated in 2010 and is headquartered in Luxembourg City, Luxembourg.
Earnings Per Share
As for profitability, APERAM has a trailing twelve months EPS of €7.72.
PE Ratio
APERAM has a trailing twelve months price to earnings ratio of 4.24. Meaning, the purchaser of the share is investing €4.24 for every euro of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 17.26%.
Moving Average
APERAM’s value is below its 50-day moving average of €33.61 and higher than its 200-day moving average of €30.82.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Aug 18, 2023, the estimated forward annual dividend rate is 2 and the estimated forward annual dividend yield is 6.1%.
More news about APERAM.
2. ARCELORMITTAL SA (MT.AS)
1.66% Forward Dividend Yield and 11.45% Return On Equity
ArcelorMittal S.A., together with its subsidiaries, operates as integrated steel and mining companies in the Americas, Europe, Asia, and Africa. It offers semi-finished flat products, including slabs; finished flat products comprising plates, hot- and cold-rolled coils and sheets, hot-dipped and electro-galvanized coils and sheets, tinplate, and color coated coils and sheets; semi-finished long products, such as blooms and billets; finished long products consisting of bars, wire-rods, structural sections, rails, sheet piles, and wire-products; and seamless and welded pipes and tubes. The company also provides mining products, such as iron ore lumps, fines, concentrates, pellets, and sinter feeds; and coking and pulverized coal injections coal. It sells its products to various customers in the automotive, appliance, engineering, construction, energy, and machinery industries through a centralized marketing organization, as well as distributors. The company has iron ore mining activities in Brazil, Bosnia, Canada, Kazakhstan, Liberia, Mexico, South Africa, and Ukraine; and coal mining activities in Kazakhstan. ArcelorMittal S.A. was founded in 1976 and is headquartered in Luxembourg City, Luxembourg.
Earnings Per Share
As for profitability, ARCELORMITTAL SA has a trailing twelve months EPS of €6.62.
PE Ratio
ARCELORMITTAL SA has a trailing twelve months price to earnings ratio of 3.7. Meaning, the purchaser of the share is investing €3.7 for every euro of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 11.45%.
More news about ARCELORMITTAL SA.
