RANA GRUBER And ARCELORMITTAL SA 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) kr62.00 12.24% 70.08%
ARCELORMITTAL SA (MT.AS) €29.52 1.23% 17.84%

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)

12.24% Forward Dividend Yield and 70.08% Return On Equity

Rana Gruber AS engages in the mining, production, and sale of iron ore concentrate primarily to steel producers and the chemical industry. It excavates, processes, and sells iron oxide in the form of hematite, magnetite, and iron oxide pigments. The company also produces and sells micronized iron oxides and other dissemination of iron ore for paint manufactures, as well as building and automotive industries. It offers its products under the Rana Gruber Concentrates and Colorana brands. The company also exports its products worldwide. Rana Gruber AS 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 kr7.3.

PE Ratio

RANA GRUBER has a trailing twelve months price to earnings ratio of 8.49. Meaning, the purchaser of the share is investing kr8.49 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 70.08%.

Sales Growth

RANA GRUBER’s sales growth for the next quarter is 20.1%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 24%, now sitting on 1.42B for the twelve trailing months.

More news about RANA GRUBER.

2. ARCELORMITTAL SA (MT.AS)

1.23% Forward Dividend Yield and 17.84% Return On Equity

ArcelorMittal S.A., together with its subsidiaries, operates as integrated steel and mining companies in Europe, North and South America, Asia, and Africa. Its principal steel products include 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, which includes blooms and billets; finished long products, including bars, wire-rods, structural sections, rails, sheet piles, and wire-products; and seamless and welded pipes and tubes. The company's principal mining products comprise iron ore lumps, fines, concentrates, pellets, and sinter feeds; and coking and thermal coal, and pulverized coal injections. 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 €9.92.

PE Ratio

ARCELORMITTAL SA has a trailing twelve months price to earnings ratio of 2.98. Meaning, the purchaser of the share is investing €2.98 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 17.84%.

More news about ARCELORMITTAL SA.

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