RANA GRUBER, APERAM, Another 1 Companies Have A High Dividend Yield And Return On Equity In The Steel Industry.

(VIANEWS) – RANA GRUBER (RANA.OL) is among this list of stock assets with the highest dividend rate and return on equity on the Steel industry.

Financial Asset Price Forward Dividend Yield Return on Equity
RANA GRUBER (RANA.OL) kr57.90 19.93% 83.84%
APERAM (APAM.AS) €26.54 7.24% 8.75%
ARCELORMITTAL SA (MT.AS) €24.09 1.62% 7.57%

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. RANA GRUBER (RANA.OL)

19.93% Forward Dividend Yield and 83.84% Return On Equity

Rana Gruber ASA engages in the mining, processing, and sale of iron ore concentrate. The company excavates, processes, and sells iron oxide in the form of hematite, magnetite, and iron oxide pigments. It also produces magnetite iron oxide concentrates. The company offers its products under the Colorana brands. It exports its products worldwide. Rana Gruber ASA was founded in 1937 and is headquartered in Mo i Rana, Norway.

Earnings Per Share

As for profitability, RANA GRUBER has a trailing twelve months EPS of kr15.15.

PE Ratio

RANA GRUBER has a trailing twelve months price to earnings ratio of 3.82. Meaning, the purchaser of the share is investing kr3.82 for every norwegian krone of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 83.84%.

Stock Price Classification

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

Growth Estimates Quarters

The company’s growth estimates for the current quarter is a negative 25.1% and positive 1.5% for the next.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on May 15, 2023, the estimated forward annual dividend rate is 11.44 and the estimated forward annual dividend yield is 19.93%.

More news about RANA GRUBER.

2. APERAM (APAM.AS)

7.24% Forward Dividend Yield and 8.75% Return On Equity

Aperam S.A., together with its subsidiaries, engages in the production and sale of stainless and specialty steel products worldwide. It operates through four segments: Stainless & Electrical Steel; Services & Solutions; Alloys & Specialties; and Recycling & Renewables. The company offers range of stainless steel products, including grain oriented and non-grain oriented electrical steel products, and specialty alloys. It is also involved in the distribution of its products; and the provision of transformation services that include value added and customized steel solutions. In addition, the company designs, produces, and transforms various specialty alloys and other specific stainless steels in forms, such as bars, semis, cold-rolled strips, wire and wire rods, and plates in a range on grades. Further, it engages in the trading, processing, and recycling of raw materials, such as superalloys and titanium; provides Recyco, an electric arc furnace recycling facility that retrieves dust and sludge to recycle stainless steel raw materials and reduce waste; and produces wood and charcoal from cultivated eucalyptus forests. The company serves customers in aerospace, automotive, catering, construction, household appliances, electrical engineering, industrial processes, medical, and oil and gas industries. It distributes its products through a network of steel service centers, transformation facilities, and sales offices. The company was incorporated in 2010 and is headquartered in Luxembourg City, Luxembourg.

Earnings Per Share

As for profitability, APERAM has a trailing twelve months EPS of €7.72.

PE Ratio

APERAM has a trailing twelve months price to earnings ratio of 3.44. Meaning, the purchaser of the share is investing €3.44 for every euro of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 8.75%.

Stock Price Classification

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

Earnings Before Interest, Taxes, Depreciation, and Amortization

APERAM’s EBITDA is 0.35.

More news about APERAM.

3. ARCELORMITTAL SA (MT.AS)

1.62% Forward Dividend Yield and 7.57% Return On Equity

ArcelorMittal S.A., together with its subsidiaries, operates as integrated steel and mining companies in the Americas, Europe, Asia, and Africa. It offers semi-finished flat products, including slabs; finished flat products comprising plates, hot- and cold-rolled coils and sheets, hot-dipped and electro-galvanized coils and sheets, tinplate, and color coated coils and sheets; semi-finished long products, such as blooms and billets; finished long products consisting of bars, wire-rods, structural sections, rails, sheet piles, and wire-products; and seamless and welded pipes and tubes. The company also provides mining products, such as iron ore lumps, fines, concentrates, pellets, and sinter feeds; and coking and pulverized coal injections coal. It sells its products to various customers in the automotive, appliance, engineering, construction, energy, and machinery industries through a centralized marketing organization, as well as distributors. The company has iron ore mining activities in Brazil, Bosnia, Canada, Kazakhstan, Liberia, Mexico, South Africa, and Ukraine; and coal mining activities in Kazakhstan. ArcelorMittal S.A. was founded in 1976 and is headquartered in Luxembourg City, Luxembourg.

Earnings Per Share

As for profitability, ARCELORMITTAL SA has a trailing twelve months EPS of €6.47.

PE Ratio

ARCELORMITTAL SA has a trailing twelve months price to earnings ratio of 3.72. Meaning, the purchaser of the share is investing €3.72 for every euro of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 7.57%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is a negative 9.8% and a negative 54.8%, respectively.

Moving Average

ARCELORMITTAL SA’s value is under its 50-day moving average of €25.05 and below its 200-day moving average of €25.96.

More news about ARCELORMITTAL SA.

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