ELEC.STRASBOURG, ELMERA GROUP, Another 2 Companies Have A High Dividend Yield And Return On Equity In The Utilities Sector.

(VIANEWS) – ELEC.STRASBOURG (ELEC.PA) 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
ELEC.STRASBOURG (ELEC.PA) €114.50 7.2% 13.75%
ELMERA GROUP (ELMRA.OL) kr32.30 6.79% 5.02%
MAGNORA (MGN.OL) kr34.90 1.1% 32.99%
NEOEN (NEOEN.PA) €26.24 0.4% 6.44%

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)

7.2% 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 €5.44.

PE Ratio

ELEC.STRASBOURG has a trailing twelve months price to earnings ratio of 21.05. Meaning, the purchaser of the share is investing €21.05 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%.

Volume

Today’s last reported volume for ELEC.STRASBOURG is 261 which is 37.41% below its average volume of 417.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Jun 28, 2024, the estimated forward annual dividend rate is 8.6 and the estimated forward annual dividend yield is 7.2%.

Stock Price Classification

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

More news about ELEC.STRASBOURG.

2. ELMERA GROUP (ELMRA.OL)

6.79% Forward Dividend Yield and 5.02% Return On Equity

Elmera Group ASA, together with its subsidiaries, engages in the purchase, sale, and portfolio management of electrical power to households, private and public companies, and municipalities in Norway. The company operates through Consumer, Business, and Nordic segments. It sells electrical power and related services to private consumers, business consumers, as well as consumers in Finland and Sweden. The company also manufactures and sells EV chargers and PV panels; and provides payment solutions services. In addition, it manages, researches, and develops products and services related to electrical power; and provides mobile phone services to private customers. The company was formerly known as Fjordkraft Holding ASA and changed its name to Elmera Group ASA in April 2022. Elmera Group ASA was founded in 2001 and is headquartered in Bergen, Norway.

Earnings Per Share

As for profitability, ELMERA GROUP has a trailing twelve months EPS of kr1.82.

PE Ratio

ELMERA GROUP has a trailing twelve months price to earnings ratio of 17.75. Meaning, the purchaser of the share is investing kr17.75 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 5.02%.

Yearly Top and Bottom Value

ELMERA GROUP’s stock is valued at kr32.30 at 17:30 EST, way higher than its 52-week high of kr24.44.

Earnings Before Interest, Taxes, Depreciation, and Amortization

ELMERA GROUP’s EBITDA is 0.13.

Revenue Growth

Year-on-year quarterly revenue growth grew by 19.9%, now sitting on 26.86B for the twelve trailing months.

Stock Price Classification

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

More news about ELMERA GROUP.

3. MAGNORA (MGN.OL)

1.1% Forward Dividend Yield and 32.99% Return On Equity

Magnora ASA operates as a renewable energy development company in Norway, Sweden, and the United States. The company primarily focuses on developing wind, solar photovoltaic (PV), and battery storage projects. It also hold license agreements with the Dana Western Isles and Shell Penguins. It serves renewable energy operators, investment and oil companies, and global marine contractors. 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 kr2.86.

PE Ratio

MAGNORA has a trailing twelve months price to earnings ratio of 12.2. Meaning, the purchaser of the share is investing kr12.2 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 32.99%.

More news about MAGNORA.

4. NEOEN (NEOEN.PA)

0.4% Forward Dividend Yield and 6.44% 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 6.44%.

Moving Average

NEOEN’s value is way under its 50-day moving average of €30.51 and below its 200-day moving average of €27.39.

More news about NEOEN.

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