EDP, SCATEC, Another 2 Companies 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) €3.76 4.93% 8.28%
SCATEC (SCATC.OL) kr72.50 2.68% 11.58%
EDP RENOVAVEIS (EDPR.LS) €13.89 1.37% 5.24%
NEOEN (NEOEN.PA) €24.32 0.51% 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 (EDP.LS)

4.93% Forward Dividend Yield and 8.28% 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 €0.27.

PE Ratio

EDP has a trailing twelve months price to earnings ratio of 13.92. Meaning, the purchaser of the share is investing €13.92 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 8.28%.

Volatility

EDP’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.17%, a negative 0.64%, and a positive 1.11%.

EDP’s highest amplitude of average volatility was 1.07% (last week), 1.32% (last month), and 1.11% (last quarter).

Revenue Growth

Year-on-year quarterly revenue growth declined by 19.3%, now sitting on 18.73B for the twelve trailing months.

Dividend Yield

As claimed by 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 4.93%.

More news about EDP.

2. SCATEC (SCATC.OL)

2.68% Forward Dividend Yield and 11.58% Return On Equity

Scatec ASA, together with its subsidiaries, provides renewable energy solutions worldwide. The company operates through Power Production; Services; and Development & Construction segments. It develops, builds, owns, and operates solar, wind, and hydro power plants and storage solutions. The company is also involved in the engineering, procurement, construction, operation, maintenance, and asset management of power plants. It has a total of 4.6 GW in operation and under construction. The company was formerly known as Scatec Solar ASA and changed its name to Scatec ASA in November 2020. Scatec ASA was incorporated in 2007 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, SCATEC has a trailing twelve months EPS of kr-1.11.

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 11.58%.

Yearly Top and Bottom Value

SCATEC’s stock is valued at kr72.50 at 21:30 EST, way below its 52-week high of kr85.50 and way above its 52-week low of kr52.50.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, SCATEC’s stock is considered to be oversold (<=20).

More news about SCATEC.

3. 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 32.29. Meaning, the purchaser of the share is investing €32.29 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%.

More news about EDP RENOVAVEIS.

4. NEOEN (NEOEN.PA)

0.51% 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.

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 21.52. Meaning, the purchaser of the share is investing €21.52 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.

Volume

Today’s last reported volume for NEOEN is 42680 which is 68.21% below its average volume of 134294.

More news about NEOEN.

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