RANA GRUBER And APERAM 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) kr72.20 14.92% 62.43%
APERAM (APAM.AS) €25.52 7.84% 1.57%

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)

14.92% Forward Dividend Yield and 62.43% 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 that is used for metallurgical applications; magnetite to produce water treatment chemicals; and other special products, such as iron oxide pigments that is used for colorants and developed products under the Colorana brand name. It markets its products to steel manufacturers, water treatment chemical producers, as well as concrete, paint, plastics, heat management, automotive, and toner production industry sectors. The company also exports its products mainly to European customers. 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 kr14.2.

PE Ratio

RANA GRUBER has a trailing twelve months price to earnings ratio of 5.08. Meaning, the purchaser of the share is investing kr5.08 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 62.43%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on May 16, 2024, the estimated forward annual dividend rate is 10.79 and the estimated forward annual dividend yield is 14.92%.

More news about RANA GRUBER.

2. APERAM (APAM.AS)

7.84% Forward Dividend Yield and 1.57% Return On Equity

Aperam S.A., together with its subsidiaries, produces and sells stainless and specialty steel products worldwide. It operates through four segments: Stainless & Electrical Steel; Services & Solutions; Alloys & Specialties; and Recycling & Renewables. The company offers a range of stainless steel products, including grain oriented and non-grain oriented electrical steel products, and specialty alloys. It is also involved in the management of direct sales of stainless steel products from production facilities; 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, Luxembourg.

Earnings Per Share

As for profitability, APERAM has a trailing twelve months EPS of €0.7.

PE Ratio

APERAM has a trailing twelve months price to earnings ratio of 36.46. Meaning, the purchaser of the share is investing €36.46 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 1.57%.

More news about APERAM.

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