MAGNORA, REN, 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) kr23.60 32.02% 3.91%
REN (RENE.LS) €2.38 12.57% 8.93%
EDP (EDP.LS) €3.74 5.27% 9.76%
SCATEC (SCATC.OL) kr80.05 2.78% 11.65%

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)

32.02% 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 49.17. Meaning, the purchaser of the share is investing kr49.17 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. REN (RENE.LS)

12.57% Forward Dividend Yield and 8.93% Return On Equity

REN – Redes Energéticas Nacionais, SGPS, S.A., through its subsidiaries, engages in the transmission of electricity and natural gas in Portugal. It operates in two segments, Electricity and Gas; and Telecommunications. The company operates as a national electricity transmission network; purchases, sells, imports, and exports electricity and natural gas; manages a concession to operate a pilot area to produce electric energy from ocean waves; and operates a telecommunications network. It also operates liquefied natural gas terminal maintenance and regasification facilities; and manages projects and ventures in the natural gas sector. In addition, the company provides underground storage development, maintenance, and operation services; natural gas transport and management services; and distributes natural gas, as well as communication and sustainability, marketing, business management, business development and consulting, and IT project services. Further, it invests in assets, shares, companies, and associations; transmits and transforms electricity in Chile, as well as participates, finances, collaborates, and conducts management of companies; and manages back offices. As of December 31, 2023, it operated national electricity transmission system with 9,409 kilometers of line circuits, 70 transformer substations, and 17 switching and transition stations; and national natural gas transmission network with 1,375 kilometers of high-pressure gas pipelines, 66 junction stations for pipeline branching, 45 block valve stations, 5 T-branch interconnection stations, 85 gas pressure regulating and metering stations, and 2 custody transfer stations. The company was founded in 1994 and is headquartered in Lisbon, Portugal.

Earnings Per Share

As for profitability, REN has a trailing twelve months EPS of €0.25.

PE Ratio

REN has a trailing twelve months price to earnings ratio of 9.5. Meaning, the purchaser of the share is investing €9.5 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 8.93%.

Volume

Today’s last reported volume for REN is 124502 which is 80.2% below its average volume of 629019.

Volatility

REN’s last week, last month’s, and last quarter’s current intraday variation average was 0.32%, 0.02%, and 0.88%.

REN’s highest amplitude of average volatility was 0.53% (last week), 0.81% (last month), and 0.88% (last quarter).

Moving Average

REN’s value is below its 50-day moving average of €2.49 and under its 200-day moving average of €2.55.

More news about REN.

3. EDP (EDP.LS)

5.27% 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 12.45. Meaning, the purchaser of the share is investing €12.45 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%.

Yearly Top and Bottom Value

EDP’s stock is valued at €3.74 at 02:30 EST, way below its 52-week high of €4.64 and higher than its 52-week low of €3.45.

Sales Growth

EDP’s sales growth is 1.1% for the present quarter and negative 9.4% for the next.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is 166.7% and a drop 38.5% for the next.

Stock Price Classification

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

More news about EDP.

4. SCATEC (SCATC.OL)

2.78% Forward Dividend Yield and 11.65% 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 39.83. Meaning, the purchaser of the share is investing kr39.83 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 11.65%.

More news about SCATEC.

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