(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) | €114.50 | 7.45% | 13.75% |
| SCATEC (SCATC.OL) | kr70.50 | 2.86% | 11.58% |
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)
7.45% 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%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 43.8%, now sitting on 1.29B for the twelve trailing months.
Moving Average
ELEC.STRASBOURG’s value is above its 50-day moving average of €106.25 and way higher than its 200-day moving average of €97.00.
Dividend Yield
As stated 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 7.45%.
Volume
Today’s last reported volume for ELEC.STRASBOURG is 244 which is 42.18% below its average volume of 422.
More news about ELEC.STRASBOURG.
2. SCATEC (SCATC.OL)
2.86% 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%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is 113.7% and a drop 36.8% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 17.2%, now sitting on 3.4B for the twelve trailing months.
Volume
Today’s last reported volume for SCATEC is 137584 which is 53.17% below its average volume of 293803.
Earnings Before Interest, Taxes, Depreciation, and Amortization
SCATEC’s EBITDA is 40.46.
More news about SCATEC.
