EDP And NEOEN Have A High Dividend Yield And Return On Equity In The Utilities Sector.

(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) €4.58 4.15% 10.01%
NEOEN (NEOEN.PA) €28.52 0.45% 2.78%

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)

4.15% Forward Dividend Yield and 10.01% 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 €0.26.

PE Ratio

EDP has a trailing twelve months price to earnings ratio of 17.62. Meaning, the purchaser of the share is investing €17.62 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 10.01%.

Moving Average

EDP’s worth is under its 50-day moving average of €4.91 and below its 200-day moving average of €4.71.

More news about EDP.

2. NEOEN (NEOEN.PA)

0.45% Forward Dividend Yield and 2.78% Return On Equity

Neoen S.A., an independent renewable energy production company, engages in the development and operation of renewable energy power plants. The company operates through Solar Power, Wind Power, Storage, Farm-Down, Development and Investments, and Eliminations segments. It operates in Argentina, Australia, Canada, Ecuador, the United States, Finland, France, Ireland, Italy, Jamaica, Mexico, Mozambique, Portugal, El Salvador, Sweden, and Zambia. Neoen S.A. was incorporated in 2008 and is headquartered in Paris, France. Neoen S.A. operates as a subsidiary of Impala SAS.

Earnings Per Share

As for profitability, NEOEN has a trailing twelve months EPS of €0.34.

PE Ratio

NEOEN has a trailing twelve months price to earnings ratio of 83.88. Meaning, the purchaser of the share is investing €83.88 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 2.78%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on May 17, 2023, the estimated forward annual dividend rate is 0.12 and the estimated forward annual dividend yield is 0.45%.

Yearly Top and Bottom Value

NEOEN’s stock is valued at €28.52 at 07:30 EST, way below its 52-week high of €45.22 and way higher than its 52-week low of €25.72.

Sales Growth

NEOEN’s sales growth is 63.4% for the current quarter and 41.5% for the next.

Revenue Growth

Year-on-year quarterly revenue growth grew by 65.4%, now sitting on 503.2M for the twelve trailing months.

More news about NEOEN.

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