ELMERA GROUP, SCATEC, 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) kr30.88 6.79% 5.02%
SCATEC (SCATC.OL) kr74.50 2.51% 11.58%
EDP RENOVAVEIS (EDPR.LS) €14.65 1.37% 5.24%

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. It operates through Consumer, Business, and Nordic segments. The Consumer segment sells electrical power and related services to private consumers. The Business segment sells electrical power and related services to business consumers. The Nordic segment sells electrical power and related services to consumers in Finland and Sweden. The company also manages, researches, and develops products and services related to electrical power; and offers payment solutions. In addition, it 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 kr0.56.

PE Ratio

ELMERA GROUP has a trailing twelve months price to earnings ratio of 55.14. Meaning, the purchaser of the share is investing kr55.14 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. SCATEC (SCATC.OL)

2.51% 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%.

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 34.06. Meaning, the purchaser of the share is investing €34.06 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%.

Yearly Top and Bottom Value

EDP RENOVAVEIS’s stock is valued at €14.65 at 06:30 EST, way below its 52-week high of €23.18 and higher than its 52-week low of €13.55.

More news about EDP RENOVAVEIS.

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