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

(VIANEWS) – EDP RENOVAVEIS (EDPR.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 RENOVAVEIS (EDPR.LS) €14.27 1.28% 4.65%
NEOEN (NEOEN.PA) €26.24 0.38% 3.27%

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)

1.28% Forward Dividend Yield and 4.65% 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 December 31, 2023, it had an installed capacity of 6,891 megawatts in the United States; 2,042 megawatts in Spain; 1,413 megawatts in Portugal; 1,165 megawatts in Brazil; 798 megawatts in Poland; 521 megawatts in Romania; 496 megawatts in Mexico; 427 megawatts in Canada; 412 megawatts in Italy; 402 megawatts in Vietnam; 315 megawatts in Singapore; 244 megawatts in France; 123 megawatts in China; 83 megawatts in Chile; 80 megawatts in Greece; 43 megawatts in Taiwan; 11 megawatts in Belgium; 9 megawatts in the Netherlands; 7 megawatts in Thailand; and 5 megawatts in the United Kingdom. The company was incorporated in 2007 and is headquartered in Madrid, Spain. EDP Renováveis, S.A. is 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 33.19. Meaning, the purchaser of the share is investing €33.19 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 4.65%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter is 300% and a drop 54.1% for the next.

Sales Growth

EDP RENOVAVEIS’s sales growth is 7.7% for the ongoing quarter and negative 12% for the next.

More news about EDP RENOVAVEIS.

2. NEOEN (NEOEN.PA)

0.38% Forward Dividend Yield and 3.27% 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.

Earnings Per Share

As for profitability, NEOEN has a trailing twelve months EPS of €0.94.

PE Ratio

NEOEN has a trailing twelve months price to earnings ratio of 27.91. Meaning, the purchaser of the share is investing €27.91 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 3.27%.

Moving Average

NEOEN’s worth is way under its 50-day moving average of €38.70 and way under its 200-day moving average of €32.24.

Volatility

NEOEN’s last week, last month’s, and last quarter’s current intraday variation average was 0.03%, 0.06%, and 0.17%.

NEOEN’s highest amplitude of average volatility was 0.05% (last week), 0.15% (last month), and 0.17% (last quarter).

More news about NEOEN.

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