EDP RENOVAVEIS And NEOEN Have A High Dividend Yield And Return On Equity In The Utilities – Renewable Industry.

(VIANEWS) – EDP RENOVAVEIS (EDPR.LS) is among this list of stock assets with the highest dividend rate and return on equity on the Utilities – Renewable industry.

Financial Asset Price Forward Dividend Yield Return on Equity
EDP RENOVAVEIS (EDPR.LS) €15.89 1.37% 5.24%
NEOEN (NEOEN.PA) €25.76 0.45% 7.39%

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 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 electricity power stations. The company operates wind and solar farms. As of June 30, 2023, it had an installed capacity of 6,080 megawatts in the United States; 2,211 megawatts in Spain; 1,114 megawatts in Brazil; 1,190 megawatts in Portugal; 917 megawatts in Poland; 521 megawatts in Romania; 496 megawatts in Mexico; 402 megawatts in Vietnam; 375 megawatts in Italy; 214 megawatts in France; 267 megawatts in Singapore; 130 megawatts in Canada; 45 megawatts in Greece; 73 megawatts in China; 37 megawatts in Taiwan; 11 megawatts in Belgium; 5 megawatts in the United Kingdom; and 1 megawatt in Thailand. 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 36.95. Meaning, the purchaser of the share is investing €36.95 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%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 34.3%, now sitting on 2.13B for the twelve trailing months.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, EDP RENOVAVEIS’s stock is considered to be overbought (>=80).

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter is a negative 131.2% and positive 14.3% for the next.

More news about EDP RENOVAVEIS.

2. NEOEN (NEOEN.PA)

0.45% Forward Dividend Yield and 7.39% 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 €1.13.

PE Ratio

NEOEN has a trailing twelve months price to earnings ratio of 22.8. Meaning, the purchaser of the share is investing €22.8 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 7.39%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 23.6%, now sitting on 556.1M for the twelve trailing months.

More news about NEOEN.

Leave a Reply

Your email address will not be published. Required fields are marked *