ENGIE, EDP, Another 2 Companies Have A High Dividend Yield And Return On Equity In The Utilities Sector.

(VIANEWS) – ENGIE (ENGI.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
ENGIE (ENGI.PA) €15.51 9.4% 7.74%
EDP (EDP.LS) €3.58 5.37% 8.73%
MAGNORA (MGN.OL) kr29.65 1.25% 32.99%
NEOEN (NEOEN.PA) €26.24 0.53% 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. ENGIE (ENGI.PA)

9.4% Forward Dividend Yield and 7.74% Return On Equity

ENGIE SA engages in the power, natural gas, and energy services businesses. It operates through Renewables, Networks, Energy Solutions, FlexGen, Retail, Nuclear, and Others segments. The Renewables segment comprises renewable energy generation activities, including financing, construction, operation, and maintenance of renewable energy facilities using various energy sources, such as hydroelectric, onshore wind, photovoltaic solar, offshore wind, and geothermal. The Networks segment comprises the electricity and gas infrastructure activities and projects, including the management and development of gas and electricity transportation networks and natural gas distribution networks in and outside of Europe, natural gas underground storage in Europe, and regasification infrastructure in France and Chile. The Energy Solutions encompasses the construction and management of decentralized energy networks to produce energy and related services. The FlexGen segment operates flexible thermal generation and electricity, pumping, and battery storage facilities; solutions for decarbonizing industry with low-carbon hydrogen; and financing, construction, and operation of desalination plants. The Retail segment engages in the sale of gas and electricity to professional, individual, and residential clients. The Nuclear segment engages in the nuclear power generation activities. The others segment sells energy to companies and offers energy management services and solutions. The company was formerly known as GDF SUEZ S.A. and changed its name to ENGIE SA in April 2015. The company was founded in 1880 and is headquartered in Courbevoie, France.

Earnings Per Share

As for profitability, ENGIE has a trailing twelve months EPS of €0.87.

PE Ratio

ENGIE has a trailing twelve months price to earnings ratio of 17.83. Meaning, the purchaser of the share is investing €17.83 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 7.74%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on May 2, 2024, the estimated forward annual dividend rate is 1.43 and the estimated forward annual dividend yield is 9.4%.

More news about ENGIE.

2. EDP (EDP.LS)

5.37% Forward Dividend Yield and 8.73% Return On Equity

EDP – Energias de Portugal, 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 incorporated in 1976 and is headquartered in Lisbon, Portugal.

Earnings Per Share

As for profitability, EDP has a trailing twelve months EPS of €0.23.

PE Ratio

EDP has a trailing twelve months price to earnings ratio of 15.55. Meaning, the purchaser of the share is investing €15.55 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 8.73%.

Yearly Top and Bottom Value

EDP’s stock is valued at €3.58 at 07:30 EST, way below its 52-week high of €4.93 and higher than its 52-week low of €3.45.

More news about EDP.

3. MAGNORA (MGN.OL)

1.25% 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 10.37. Meaning, the purchaser of the share is investing kr10.37 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%.

Yearly Top and Bottom Value

MAGNORA’s stock is valued at kr29.65 at 07:30 EST, way below its 52-week high of kr38.60 and way above its 52-week low of kr23.00.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Mar 1, 2024, the estimated forward annual dividend rate is 0.37 and the estimated forward annual dividend yield is 1.25%.

Sales Growth

MAGNORA’s sales growth is 290.6% for the current quarter and 156.5% for the next.

More news about MAGNORA.

4. NEOEN (NEOEN.PA)

0.53% 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%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on May 20, 2024, the estimated forward annual dividend rate is 0.15 and the estimated forward annual dividend yield is 0.53%.

More news about NEOEN.

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