(VIANEWS) – REN (RENE.LS) is among this list of stock assets with the highest dividend rate and return on equity on the Utilities sector.
| Financial Asset | Price | Forward Dividend Yield | Return on Equity |
|---|---|---|---|
| REN (RENE.LS) | €2.21 | 12.57% | 8.93% |
| EDP (EDP.LS) | €3.62 | 5.26% | 8.73% |
| MAGNORA (MGN.OL) | kr30.75 | 1.22% | 36.36% |
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. REN (RENE.LS)
12.57% Forward Dividend Yield and 8.93% Return On Equity
REN – Redes Energéticas Nacionais, SGPS, S.A., through its subsidiaries, engages in the transmission of electricity and natural gas in Portugal. It operates in two segments, Electricity and Gas; and Telecommunications. The company operates as a national electricity transmission network; purchases, sells, imports, and exports electricity and natural gas; manages a concession to operate a pilot area to produce electric energy from ocean waves; and operates a telecommunications network. It also operates liquefied natural gas terminal maintenance and regasification facilities; and manages projects and ventures in the natural gas sector. In addition, the company provides underground storage development, maintenance, and operation services; natural gas transport and management services; and distributes natural gas, as well as communication and sustainability, marketing, business management, business development and consulting, and IT project services. Further, it invests in assets, shares, companies, and associations; transmits and transforms electricity in Chile, as well as participates, finances, collaborates, and conducts management of companies; and manages back offices. As of December 31, 2022, it operated national electricity transmission system with 9,424 kilometers of line circuits, 70 transformer substations, and 17 switching and transition stations; and national natural gas transmission network with 1,375 kilometers of high-pressure gas pipelines, 66 junction stations for pipeline branching, 45 block valve stations, 5 T-branch interconnection stations, 85 gas pressure regulating and metering stations, and 2 custody transfer stations. The company was founded in 1994 and is headquartered in Lisbon, Portugal.
Earnings Per Share
As for profitability, REN has a trailing twelve months EPS of €0.23.
PE Ratio
REN has a trailing twelve months price to earnings ratio of 9.59. Meaning, the purchaser of the share is investing €9.59 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 8.93%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
REN’s EBITDA is 3.61.
Volatility
REN’s last week, last month’s, and last quarter’s current intraday variation average was 0.58%, 0.06%, and 0.70%.
REN’s highest amplitude of average volatility was 0.58% (last week), 0.76% (last month), and 0.70% (last quarter).
Sales Growth
REN’s sales growth is negative 8% for the ongoing quarter and 20.8% for the next.
More news about REN.
2. EDP (EDP.LS)
5.26% Forward Dividend Yield and 8.73% Return On Equity
EDP – Energias de Portugal, S.A. engages in the generation, transmission, distribution, and supply of electricity in Portugal, Spain, France, Poland, Romania, Italy, Belgium, the United Kingdom, Greece, Colombia, Brazil, North America, and internationally. It operates through Renewables, Networks, and Client Solutions & Energy Management segments. The company primarily generates and sells electricity through hydro, CCGT, coal, wind, solar, nuclear, and cogeneration and waste sources. It has an installed capacity of 28 GW; and operates 380,788 kilometers of distribution network lines. The company is also involved in the supply of natural gas. In addition, it offers engineering, laboratory tests, professional training, and energy services, as well as property management services. The company's electricity and gas customers include domestic, industrial, commercial, agricultural, and others. The company was incorporated in 1976 and is headquartered in Lisbon, Portugal.
Earnings Per Share
As for profitability, EDP has a trailing twelve months EPS of €0.23.
PE Ratio
EDP has a trailing twelve months price to earnings ratio of 15.72. Meaning, the purchaser of the share is investing €15.72 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 8.73%.
Volatility
EDP’s last week, last month’s, and last quarter’s current intraday variation average was a positive 1.15%, a negative 0.03%, and a positive 1.29%.
EDP’s highest amplitude of average volatility was 2.14% (last week), 1.38% (last month), and 1.29% (last quarter).
Yearly Top and Bottom Value
EDP’s stock is valued at €3.62 at 16:30 EST, way below its 52-week high of €5.23 and above its 52-week low of €3.52.
Revenue Growth
Year-on-year quarterly revenue growth declined by 17.9%, now sitting on 16.2B for the twelve trailing months.
More news about EDP.
3. MAGNORA (MGN.OL)
1.22% Forward Dividend Yield and 36.36% Return On Equity
Magnora ASA operates as a renewable energy development company in Norway, Sweden, and the United States. The company primarily focuses on developing wind and solar photovoltaic (PV) projects. It also hold license agreements with the Dana Western Isles and Shell Penguins. It serves renewable energy operators, investment and oil companies, and global marine contractors. The company was formerly known as Sevan Marine ASA and changed its name to Magnora ASA in October 2018. Magnora ASA was incorporated in 2001 and is based in Oslo, Norway.
Earnings Per Share
As for profitability, MAGNORA has a trailing twelve months EPS of kr2.86.
PE Ratio
MAGNORA has a trailing twelve months price to earnings ratio of 10.75. Meaning, the purchaser of the share is investing kr10.75 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 36.36%.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, MAGNORA’s stock is considered to be overbought (>=80).
More news about MAGNORA.
