ELEC.STRASBOURG, EDP RENOVAVEIS, Another 2 Companies Have A High Dividend Yield And Return On Equity In The Utilities – Renewable Industry.

(VIANEWS) – ELEC.STRASBOURG (ELEC.PA) 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
ELEC.STRASBOURG (ELEC.PA) €101.00 2.66% 13.75%
EDP RENOVAVEIS (EDPR.LS) €15.03 1.37% 5.24%
MAGNORA (MGN.OL) kr28.80 1.3% 52.28%
NEOEN (NEOEN.PA) €26.70 0.47% 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. ELEC.STRASBOURG (ELEC.PA)

2.66% Forward Dividend Yield and 13.75% Return On Equity

Électricite de Strasbourg Société Anonyme engages in the supply of electricity and natural gas to individuals, businesses, and local authorities in France. It is also involved in the design, construction, and operation of electrical engineering, industrial, and public lighting facilities, as well as heating networks; provision of collective catering engineering and energy renovation services; and technical management and optimization of energy installations. The company was founded in 1899 and is based in Strasbourg, France. Électricite de Strasbourg Société Anonyme operates as a subsidiary of EDF Développement Environnement SA.

Earnings Per Share

As for profitability, ELEC.STRASBOURG has a trailing twelve months EPS of €5.45.

PE Ratio

ELEC.STRASBOURG has a trailing twelve months price to earnings ratio of 18.53. Meaning, the purchaser of the share is investing €18.53 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 13.75%.

Moving Average

ELEC.STRASBOURG’s value is higher than its 50-day moving average of €99.72 and above its 200-day moving average of €94.10.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on May 30, 2023, the estimated forward annual dividend rate is 2.65 and the estimated forward annual dividend yield is 2.66%.

More news about ELEC.STRASBOURG.

2. 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 34.97. Meaning, the purchaser of the share is investing €34.97 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.

3. MAGNORA (MGN.OL)

1.3% Forward Dividend Yield and 52.28% Return On Equity

Magnora ASA operates as a renewable energy development company. It primarily focuses on developing wind and solar photovoltaic (PV) projects. The company also hold license agreements with the Dana Western Isles and Shell Penguins FPSO. It serves oil companies and marine contractors in the United Kingdom, Norway, and Sweden. The company was formerly known as Sevan Marine ASA and changed its name to Magnora ASA in October 2018. Magnora ASA was incorporated in 2001 and is based in Oslo, Norway.

Earnings Per Share

As for profitability, MAGNORA has a trailing twelve months EPS of kr3.95.

PE Ratio

MAGNORA has a trailing twelve months price to earnings ratio of 7.29. Meaning, the purchaser of the share is investing kr7.29 for every norwegian krone 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 52.28%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

MAGNORA’s EBITDA is -76.25.

Stock Price Classification

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

Revenue Growth

Year-on-year quarterly revenue growth grew by 271.1%, now sitting on 340.7M for the twelve trailing months.

More news about MAGNORA.

4. NEOEN (NEOEN.PA)

0.47% 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 €1.14.

PE Ratio

NEOEN has a trailing twelve months price to earnings ratio of 23.42. Meaning, the purchaser of the share is investing €23.42 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%.

Sales Growth

NEOEN’s sales growth is 63.4% for the present quarter and 48.5% for the next.

More news about NEOEN.

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