(VIANEWS) – REN (RENE.LS) is among this list of stock assets with the highest dividend rate and return on equity on the Utilities sector.
| Financial Asset | Price | Forward Dividend Yield | Return on Equity |
|---|---|---|---|
| REN (RENE.LS) | €2.43 | 12.57% | 8.93% |
| EDP (EDP.LS) | €4.25 | 4.93% | 8.28% |
| EDP RENOVAVEIS (EDPR.LS) | €15.62 | 1.37% | 5.24% |
| MAGNORA (MGN.OL) | kr31.45 | 1.17% | 52.28% |
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. REN (RENE.LS)
12.57% Forward Dividend Yield and 8.93% Return On Equity
REN – Redes Energéticas Nacionais, SGPS, S.A., through its subsidiaries, engages in the transmission of electricity and natural gas in Portugal. It operates in two segments, Electricity and Gas; and Telecommunications. The company operates as a national electricity transmission network; purchases, sells, imports, and exports electricity and natural gas; manages a concession to operate a pilot area to produce electric energy from ocean waves; and operates a telecommunications network. It also operates liquefied natural gas terminal maintenance and regasification facilities; and manages projects and ventures in the natural gas sector. In addition, the company provides underground storage development, maintenance, and operation services; natural gas transport and management services; and distributes natural gas, as well as communication and sustainability, marketing, business management, business development and consulting, and IT project services. Further, it invests in assets, shares, companies, and associations; transmits and transforms electricity in Chile, as well as participates, finances, collaborates, and conducts management of companies; and manages back offices. As of December 31, 2022, it operated national electricity transmission system with 9,424 kilometers of line circuits, 70 transformer substations, and 17 switching and transition stations; and national natural gas transmission network with 1,375 kilometers of high-pressure gas pipelines, 66 junction stations for pipeline branching, 45 block valve stations, 5 T-branch interconnection stations, 85 gas pressure regulating and metering stations, and 2 custody transfer stations. The company was founded in 1994 and is headquartered in Lisbon, Portugal.
Earnings Per Share
As for profitability, REN has a trailing twelve months EPS of €0.24.
PE Ratio
REN has a trailing twelve months price to earnings ratio of 10.13. Meaning, the purchaser of the share is investing €10.13 for every euro of annual earnings.
Return on Equity
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 8.93%.
Volume
Today’s last reported volume for REN is 393025 which is 39.47% below its average volume of 649399.
Earnings Before Interest, Taxes, Depreciation, and Amortization
REN’s EBITDA is 3.61.
More news about REN.
2. EDP (EDP.LS)
4.93% Forward Dividend Yield and 8.28% Return On Equity
EDP – Energias de Portugal, S.A. engages in the generation, transmission, distribution, and supply of electricity in Portugal, Spain, France, Poland, Romania, Italy, Belgium, the United Kingdom, Greece, Colombia, Brazil, North America, and internationally. It operates through Renewables, Networks, and Client Solutions & Energy Management segments. The company primarily generates and sells electricity through hydro, CCGT, coal, wind, solar, nuclear, and cogeneration and waste sources. It has an installed capacity of 28 GW; and operates 380,788 kilometers of distribution network lines. The company is also involved in the supply of natural gas. In addition, it offers engineering, laboratory tests, professional training, and energy services, as well as property management services. The company's electricity and gas customers include domestic, industrial, commercial, agricultural, and others. EDP – Energias de Portugal, S.A. was incorporated in 1976 and is headquartered in Lisbon, Portugal.
Earnings Per Share
As for profitability, EDP has a trailing twelve months EPS of €0.27.
PE Ratio
EDP has a trailing twelve months price to earnings ratio of 15.75. Meaning, the purchaser of the share is investing €15.75 for every euro of annual earnings.
Return on Equity
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 8.28%.
Yearly Top and Bottom Value
EDP’s stock is valued at €4.25 at 06:30 EST, way under its 52-week high of €5.23 and way above its 52-week low of €3.52.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Apr 28, 2023, the estimated forward annual dividend rate is 0.19 and the estimated forward annual dividend yield is 4.93%.
Volume
Today’s last reported volume for EDP is 1198080 which is 84.01% below its average volume of 7493290.
More news about EDP.
3. EDP RENOVAVEIS (EDPR.LS)
1.37% Forward Dividend Yield and 5.24% Return On Equity
EDP Renováveis, S.A., a renewable energy company, plans, constructs, operates, and maintains electric power generation plants. The company operates wind and solar farms. As of December 31, 2021, it had an installed capacity of 5,908 megawatts in the United States; 2,194 megawatts in Spain; 795 megawatts in Brazil; and 1,142 megawatts in Portugal. The company was incorporated in 2007 and is headquartered in Madrid, Spain. EDP Renováveis, S.A. operates as a subsidiary of EDP-Energias de Portugal, S.A.
Earnings Per Share
As for profitability, EDP RENOVAVEIS has a trailing twelve months EPS of €0.43.
PE Ratio
EDP RENOVAVEIS has a trailing twelve months price to earnings ratio of 36.34. Meaning, the purchaser of the share is investing €36.34 for every euro of annual earnings.
Return on Equity
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 5.24%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is a negative 131.2% and positive 14.3% for the next.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on May 9, 2023, the estimated forward annual dividend rate is 0.27 and the estimated forward annual dividend yield is 1.37%.
Sales Growth
EDP RENOVAVEIS’s sales growth is 35.1% for the current quarter and negative 68.1% for the next.
More news about EDP RENOVAVEIS.
4. MAGNORA (MGN.OL)
1.17% Forward Dividend Yield and 52.28% Return On Equity
Magnora ASA operates as a renewable energy development company. It primarily focuses on developing wind and solar photovoltaic (PV) projects. The company also hold license agreements with the Dana Western Isles and Shell Penguins FPSO. It serves oil companies and marine contractors in the United Kingdom, Norway, and Sweden. The company was formerly known as Sevan Marine ASA and changed its name to Magnora ASA in October 2018. Magnora ASA was incorporated in 2001 and is based in Oslo, Norway.
Earnings Per Share
As for profitability, MAGNORA has a trailing twelve months EPS of kr4.01.
PE Ratio
MAGNORA has a trailing twelve months price to earnings ratio of 7.84. Meaning, the purchaser of the share is investing kr7.84 for every norwegian krone of annual earnings.
Return on Equity
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 52.28%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
MAGNORA’s EBITDA is 8.39.
Moving Average
MAGNORA’s value is below its 50-day moving average of kr33.90 and higher than its 200-day moving average of kr28.64.
Revenue Growth
Year-on-year quarterly revenue growth grew by 271.1%, now sitting on 340.7M for the twelve trailing months.
More news about MAGNORA.
