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

(VIANEWS) – MAGNORA (MGN.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
MAGNORA (MGN.OL) kr24.00 34.82% 3.91%
ENGIE (ENGI.PA) €15.51 9.02% 15.18%
SCATEC (SCATC.OL) kr79.55 2.78% 7.41%
EDP RENOVAVEIS (EDPR.LS) €15.16 1.25% 4.65%

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. MAGNORA (MGN.OL)

34.82% Forward Dividend Yield and 3.91% 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 kr0.48.

PE Ratio

MAGNORA has a trailing twelve months price to earnings ratio of 50. Meaning, the purchaser of the share is investing kr50 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 3.91%.

More news about MAGNORA.

2. ENGIE (ENGI.PA)

9.02% Forward Dividend Yield and 15.18% 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 15.18%.

Stock Price Classification

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

Revenue Growth

Year-on-year quarterly revenue growth declined by 20.2%, now sitting on 73.06B for the twelve trailing months.

More news about ENGIE.

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 39.58. Meaning, the purchaser of the share is investing kr39.58 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%.

More news about SCATEC.

4. EDP RENOVAVEIS (EDPR.LS)

1.25% Forward Dividend Yield and 4.65% 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 December 31, 2023, it had an installed capacity of 6,891 megawatts in the United States; 2,042 megawatts in Spain; 1,413 megawatts in Portugal; 1,165 megawatts in Brazil; 798 megawatts in Poland; 521 megawatts in Romania; 496 megawatts in Mexico; 427 megawatts in Canada; 412 megawatts in Italy; 402 megawatts in Vietnam; 315 megawatts in Singapore; 244 megawatts in France; 123 megawatts in China; 83 megawatts in Chile; 80 megawatts in Greece; 43 megawatts in Taiwan; 11 megawatts in Belgium; 9 megawatts in the Netherlands; 7 megawatts in Thailand; and 5 megawatts in the United Kingdom. The company was incorporated in 2007 and is headquartered in Madrid, Spain. EDP Renováveis, S.A. is 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 35.26. Meaning, the purchaser of the share is investing €35.26 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 4.65%.

Volatility

EDP RENOVAVEIS’s last week, last month’s, and last quarter’s current intraday variation average was a negative 1.61%, a positive 0.36%, and a positive 1.42%.

EDP RENOVAVEIS’s highest amplitude of average volatility was 1.77% (last week), 1.38% (last month), and 1.42% (last quarter).

Sales Growth

EDP RENOVAVEIS’s sales growth is 7.7% for the current quarter and negative 12% for the next.

Revenue Growth

Year-on-year quarterly revenue growth grew by 28.2%, now sitting on 1.97B for the twelve trailing months.

Moving Average

EDP RENOVAVEIS’s worth is above its 50-day moving average of €14.31 and above its 200-day moving average of €14.31.

More news about EDP RENOVAVEIS.

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