OCI And ELKEM Have A High Dividend Yield And Return On Equity In The Basic Materials Sector.

(VIANEWS) – OCI (OCI.AS) is among this list of stock assets with the highest dividend rate and return on equity on the Basic Materials sector.

Financial Asset Price Forward Dividend Yield Return on Equity
OCI (OCI.AS) €23.69 27.83% 40.07%
ELKEM (ELK.OL) kr17.78 25.91% 19.37%

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. OCI (OCI.AS)

27.83% Forward Dividend Yield and 40.07% Return On Equity

OCI N.V. produces and distributes hydrogen-based and natural gas-based products to agricultural, transportation, and industrial customers. It operates through Methanol US, Methanol Europe, Nitrogen US, Nitrogen Europe, and Fertiglobe segments. The company offers anhydrous ammonia, granular urea, urea ammonium nitrate solution, calcium ammonium nitrate, ammonium sulphate, aqueous ammonia, nitric acid, urea solution, bio-methanol, methanol, melamine, and diesel exhaust fluid, as well as other nitrogen products. It also owns and operates an ammonia terminal at the port of Rotterdam. The company has operations in Europe, the Americas, the Middle East, Africa, Asia, and Oceania. OCI N.V. has a strategic partnership with Abu Dhabi National Oil Company. OCI N.V. was founded in 2013 and is headquartered in Amsterdam, the Netherlands.

Earnings Per Share

As for profitability, OCI has a trailing twelve months EPS of €0.84.

PE Ratio

OCI has a trailing twelve months price to earnings ratio of 28.2. Meaning, the purchaser of the share is investing €28.2 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 40.07%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

OCI’s EBITDA is 36.9.

Stock Price Classification

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

Volume

Today’s last reported volume for OCI is 247296 which is 27.71% below its average volume of 342123.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Apr 20, 2023, the estimated forward annual dividend rate is 7.05 and the estimated forward annual dividend yield is 27.83%.

More news about OCI.

2. ELKEM (ELK.OL)

25.91% Forward Dividend Yield and 19.37% Return On Equity

Elkem ASA provides silicones, silicon products, and carbon solutions worldwide. The company offers silicones polymers, including chlorosilanes and silicone oils; silicone elastomers, comprising liquid silicone rubber, heat cured rubber, and RTV-1 and RTV-2 silicones; and silicone fluids, such as silicone resin, silicone compounds, silicone grease, and silicone emulsion. It also provides silicon based materials comprising silicon, silicon powder/micronized silicon, silica fume/ microsilica, ferrosilicon, grain refiner, silicon and boron carbide, ferrosilicon nitride, fused silica, polymer additives, and specialties for refractories. In addition, the company offers foundry alloys, such as foundry alloys, preconditioners, recarburizers, conditioners, nodularizers, inserts, and inoculants; and carbon based materials comprising furnace tapping materials, cathode ramming paste, furnace lining materials, electrode paste, and prebaked and other electrodes. The company was founded in 1904 and is headquartered in Oslo, Norway. Elkem ASA is a subsidiary of Bluestar Elkem International Co., Ltd. S.A.

Earnings Per Share

As for profitability, ELKEM has a trailing twelve months EPS of kr7.76.

PE Ratio

ELKEM has a trailing twelve months price to earnings ratio of 2.29. Meaning, the purchaser of the share is investing kr2.29 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 19.37%.

Volume

Today’s last reported volume for ELKEM is 1210570 which is 6.5% below its average volume of 1294840.

Stock Price Classification

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

Revenue Growth

Year-on-year quarterly revenue growth declined by 26.2%, now sitting on 39.82B for the twelve trailing months.

Yearly Top and Bottom Value

ELKEM’s stock is valued at kr17.78 at 02:30 EST, way under its 52-week low of kr22.30.

More news about ELKEM.

Leave a Reply

Your email address will not be published. Required fields are marked *