NEXTENSA And TEXAF Have A High Dividend Yield And Return On Equity In The Real Estate Sector.

(VIANEWS) – NEXTENSA (NEXTA.BR) is among this list of stock assets with the highest dividend rate and return on equity on the Real Estate sector.

Financial Asset Price Forward Dividend Yield Return on Equity
NEXTENSA (NEXTA.BR) €44.35 5.84% 6.98%
TEXAF (TEXF.BR) €34.00 4.68% 7.98%

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. NEXTENSA (NEXTA.BR)

5.84% Forward Dividend Yield and 6.98% Return On Equity

Nextensa is a mixed-use real estate investor and developer. The company's investment portfolio is divided between the Grand Duchy of Luxembourg (44%), Belgium (41%) and Austria (15%); its total value as of 30/06/2023 was approximately € 1.27 billion. As a developer, Nextensa is primarily active in shaping large urban developments. At Tour & Taxis (development of over 350,000 sqm) in Brussels, Nextensa is building a mixed neighbourhood consisting of a revaluation of iconic buildings and new constructions. In Luxembourg (Cloche d'Or), it is working in partnership on a major urban extension of more than 400,000 sqm consisting of offices, retail and residential buildings. The company is listed on Euronext Brussels and has a market capitalization of EUR 442.1 million (value 30/06/2023).

Earnings Per Share

As for profitability, NEXTENSA has a trailing twelve months EPS of €5.76.

PE Ratio

NEXTENSA has a trailing twelve months price to earnings ratio of 7.7. Meaning, the purchaser of the share is investing €7.7 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 6.98%.

More news about NEXTENSA.

2. TEXAF (TEXF.BR)

4.68% Forward Dividend Yield and 7.98% Return On Equity

Texaf S.A. develops, owns, and leases real estate properties in Kinshasa. It operates through Real Estate, Digital, and Quarries segments. The company's portfolio comprises 332 homes, including 53 villas and 289 apartments with a residential area of 62,200 square meters; 26,300 square meters of office and commercial space; and 30,000 square meters of warehouses, as well as TEXAF digital campus. It also supplies sandstones for use in concrete production, asphalt for roads, and civil engineering projects. Texaf S.A. was founded in 1925 and is headquartered in Brussels, Belgium. Texaf S.A. is a subsidiary of Société Financière Africaine.

Earnings Per Share

As for profitability, TEXAF has a trailing twelve months EPS of €2.02.

PE Ratio

TEXAF has a trailing twelve months price to earnings ratio of 16.83. Meaning, the purchaser of the share is investing €16.83 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 7.98%.

More news about TEXAF.

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