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) €19.35 0.46% 11.43%
NEOEN (NEOEN.PA) €28.44 0.44% 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 RENOVAVEIS (EDPR.LS)

0.46% Forward Dividend Yield and 11.43% 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 €0.63.

PE Ratio

EDP RENOVAVEIS has a trailing twelve months price to earnings ratio of 30.71. Meaning, the purchaser of the share is investing €30.71 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 11.43%.

Yearly Top and Bottom Value

EDP RENOVAVEIS’s stock is valued at €19.35 at 02:30 EST, way under its 52-week high of €26.87 and above its 52-week low of €18.68.

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).

Revenue Growth

Year-on-year quarterly revenue growth grew by 52.2%, now sitting on 2.08B for the twelve trailing months.

More news about EDP RENOVAVEIS.

2. NEOEN (NEOEN.PA)

0.44% 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 83.65. Meaning, the purchaser of the share is investing €83.65 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%.

Stock Price Classification

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

Sales Growth

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

Yearly Top and Bottom Value

NEOEN’s stock is valued at €28.44 at 02:30 EST, way under its 52-week high of €45.22 and way higher than its 52-week low of €25.72.

More news about NEOEN.

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