ELMERA GROUP, EDP, Another 1 Companies Have A High Dividend Yield And Return On Equity In The Utilities Sector.

(VIANEWS) – ELMERA GROUP (ELMRA.OL) 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
ELMERA GROUP (ELMRA.OL) kr33.10 6.79% 5.02%
EDP (EDP.LS) €4.12 4.94% 9.76%
SCATEC (SCATC.OL) kr82.85 2.78% 7.41%

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. 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 kr2.07.

PE Ratio

ELMERA GROUP has a trailing twelve months price to earnings ratio of 15.99. Meaning, the purchaser of the share is investing kr15.99 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%.

More news about ELMERA GROUP.

2. EDP (EDP.LS)

4.94% Forward Dividend Yield and 9.76% Return On Equity

EDP, 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. The company was formerly known as EDP – Energias de Portugal, S.A. and changed its name to EDP, S.A. in April 2024. The company was incorporated in 1976 and is headquartered in Lisbon, Portugal.

Earnings Per Share

As for profitability, EDP has a trailing twelve months EPS of €0.3.

PE Ratio

EDP has a trailing twelve months price to earnings ratio of 13.72. Meaning, the purchaser of the share is investing €13.72 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 9.76%.

Moving Average

EDP’s value is above its 50-day moving average of €3.81 and higher than its 200-day moving average of €3.83.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on May 6, 2024, the estimated forward annual dividend rate is 0.2 and the estimated forward annual dividend yield is 4.94%.

More news about EDP.

3. SCATEC (SCATC.OL)

2.78% Forward Dividend Yield and 7.41% 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 produces and sells solar, winds, and hydro generated electricity. The company also develops, builds, owns, and operates solar, wind, and hydro power plants and storage solutions. The company is also involved in the engineering, procurement, and construction, as well as operation, maintenance, and asset management of power plants. It has a total of 4.2 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 kr2.01.

PE Ratio

SCATEC has a trailing twelve months price to earnings ratio of 41.22. Meaning, the purchaser of the share is investing kr41.22 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 7.41%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Apr 19, 2023, the estimated forward annual dividend rate is 1.94 and the estimated forward annual dividend yield is 2.78%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 28.8%, now sitting on 4.02B for the twelve trailing months.

More news about SCATEC.

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