(VIANEWS) – EDP (EDP.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 |
|---|---|---|---|
| EDP (EDP.LS) | €3.53 | 5.26% | 8.73% |
| MAGNORA (MGN.OL) | kr31.90 | 1.18% | 36.36% |
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. EDP (EDP.LS)
5.26% Forward Dividend Yield and 8.73% 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. The company was incorporated in 1976 and is headquartered in Lisbon, Portugal.
Earnings Per Share
As for profitability, EDP has a trailing twelve months EPS of €0.23.
PE Ratio
EDP has a trailing twelve months price to earnings ratio of 15.36. Meaning, the purchaser of the share is investing €15.36 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 8.73%.
Dividend Yield
According to 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 5.26%.
More news about EDP.
2. MAGNORA (MGN.OL)
1.18% Forward Dividend Yield and 36.36% Return On Equity
Magnora ASA operates as a renewable energy development company in Norway, Sweden, and the United States. The company primarily focuses on developing wind and solar photovoltaic (PV) projects. It also hold license agreements with the Dana Western Isles and Shell Penguins. It serves renewable energy operators, investment and oil companies, and global marine contractors. 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 kr2.86.
PE Ratio
MAGNORA has a trailing twelve months price to earnings ratio of 11.15. Meaning, the purchaser of the share is investing kr11.15 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 36.36%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
MAGNORA’s EBITDA is 7.08.
Sales Growth
MAGNORA’s sales growth is 43.1% for the current quarter and 290.6% for the next.
Volume
Today’s last reported volume for MAGNORA is 121917 which is 1.19% below its average volume of 123388.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is 32.1% and a drop 75.4% for the next.
More news about MAGNORA.
