MAGNORA, SCATEC, Another 2 Companies Have A High Dividend Yield And Return On Equity In The Utilities – Renewable Industry.

(VIANEWS) – MAGNORA (MGN.OL) is among this list of stock assets with the highest dividend rate and return on equity on the Utilities – Renewable industry.

Financial Asset Price Forward Dividend Yield Return on Equity
MAGNORA (MGN.OL) kr22.75 34.53% 3.91%
SCATEC (SCATC.OL) kr79.15 2.78% 7.41%
EDP RENOVAVEIS (EDPR.LS) €14.16 1.28% 4.65%
NEOEN (NEOEN.PA) €26.24 0.38% 3.27%

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)

34.53% 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 47.4. Meaning, the purchaser of the share is investing kr47.4 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. 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 39.38. Meaning, the purchaser of the share is investing kr39.38 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%.

Volatility

SCATEC’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.83%, a negative 0.22%, and a positive 1.72%.

SCATEC’s highest amplitude of average volatility was 0.83% (last week), 1.36% (last month), and 1.72% (last quarter).

Sales Growth

SCATEC’s sales growth is negative 4.8% for the present quarter and 121.2% for the next.

More news about SCATEC.

3. EDP RENOVAVEIS (EDPR.LS)

1.28% 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 32.93. Meaning, the purchaser of the share is investing €32.93 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 1.10%, a negative 0.59%, and a positive 1.25%.

EDP RENOVAVEIS’s highest amplitude of average volatility was 1.31% (last week), 1.23% (last month), and 1.25% (last quarter).

More news about EDP RENOVAVEIS.

4. NEOEN (NEOEN.PA)

0.38% Forward Dividend Yield and 3.27% 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 3.27%.

Volatility

NEOEN’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.05%, a positive 0.05%, and a positive 0.16%.

NEOEN’s highest amplitude of average volatility was 0.10% (last week), 0.15% (last month), and 0.16% (last quarter).

Yearly Top and Bottom Value

NEOEN’s stock is valued at €26.24 at 17:40 EST, way below its 52-week high of €39.60 and way higher than its 52-week low of €21.80.

Sales Growth

NEOEN’s sales growth is 63.4% for the present quarter and 48.5% for the next.

More news about NEOEN.

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