RANA GRUBER, VALLOUREC, Another 2 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) kr71.70 23.76% 56.8%
VALLOUREC (VK.PA) €15.82 13.94% 21.69%
APERAM (APAM.AS) €27.65 7.5% 5.96%
ARCELORMITTAL SA (MT.AS) €24.74 1.94% 1.83%

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)

23.76% Forward Dividend Yield and 56.8% 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 kr15.39.

PE Ratio

RANA GRUBER has a trailing twelve months price to earnings ratio of 4.66. Meaning, the purchaser of the share is investing kr4.66 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 56.8%.

Sales Growth

RANA GRUBER’s sales growth is negative 17.8% for the present quarter and 21.6% for the next.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter is a negative 7.1% and positive 30.8% for the next.

Revenue Growth

Year-on-year quarterly revenue growth grew by 62%, now sitting on 1.93B for the twelve trailing months.

More news about RANA GRUBER.

2. VALLOUREC (VK.PA)

13.94% Forward Dividend Yield and 21.69% Return On Equity

Vallourec S.A., through its subsidiaries, provides tubular solutions for the oil and gas, industry, and energy markets in Europe, North America, South America, Asia, the Middle East, and internationally. It operates through Tubes, Mine & Forests, and Holding Companies & Other segments. The company offers seamless tubes for refineries, petrochemical facilities, and floating liquefied natural gas plants, as well as production, storage, and offloading units; casings; tubings; VAM connections; rigid subsea line pipes, onshore rigid line pipes, and specialized tubes for transportation of oil and gas; and carbon steel and steel alloy tubes, hollow bars, and connections for the processing of industrial fluids, and oil and gas. Its oil and gas market services include assistance in lowering tubes, inspecting connections, and supervising assembly; repair services for its products and thread tubes inventory management; tube inspection, maintenance, and repair services; on-site services; preparation for drilling operations; well coordination and supply services based on the drilling programs; integrated solutions for the subsea line pipe market comprising welding, coating, insulation, logistics, and service agreements; and tube coating and welding services. The company's power generation market products and services comprise seamless tubes for steam generators. Its industrial market products and services include tubes and hollow bars, as well as circular, square, rectangular, and octagonal sections; tubular solutions for infrastructure construction; tubes and rings to manufacture cranes, construction machinery, agricultural machinery, and hydraulic cylinders; and tubes and axles for automotive manufacturers. The company is also involved in the iron ore production business. Vallourec S.A. was founded in 1899 and is based in Meudon, France.

Earnings Per Share

As for profitability, VALLOUREC has a trailing twelve months EPS of €2.07.

PE Ratio

VALLOUREC has a trailing twelve months price to earnings ratio of 7.64. Meaning, the purchaser of the share is investing €7.64 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 21.69%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

VALLOUREC’s EBITDA is 12.78.

Volume

Today’s last reported volume for VALLOUREC is 689354 which is 31.27% below its average volume of 1003020.

Yearly Top and Bottom Value

VALLOUREC’s stock is valued at €15.82 at 11:40 EST, higher than its 52-week high of €15.06.

Moving Average

VALLOUREC’s worth is way higher than its 50-day moving average of €11.71 and way higher than its 200-day moving average of €11.72.

More news about VALLOUREC.

3. APERAM (APAM.AS)

7.5% Forward Dividend Yield and 5.96% 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 €1.93.

PE Ratio

APERAM has a trailing twelve months price to earnings ratio of 14.33. Meaning, the purchaser of the share is investing €14.33 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 5.96%.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, APERAM’s stock is considered to be oversold (<=20).

Sales Growth

APERAM’s sales growth is negative 8.3% for the current quarter and 1% for the next.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on May 10, 2024, the estimated forward annual dividend rate is 2 and the estimated forward annual dividend yield is 7.5%.

More news about APERAM.

4. ARCELORMITTAL SA (MT.AS)

1.94% Forward Dividend Yield and 1.83% Return On Equity

ArcelorMittal S.A., together with its subsidiaries, operates as integrated steel and mining companies in the United States, Europe, and internationally. 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 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, Liberia, Mexico, South Africa, and Ukraine. 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 €1.

PE Ratio

ARCELORMITTAL SA has a trailing twelve months price to earnings ratio of 24.74. Meaning, the purchaser of the share is investing €24.74 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 1.83%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 13.8%, now sitting on 68.27B for the twelve trailing months.

More news about ARCELORMITTAL SA.

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