(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) | €2.43 | 12.57% | 8.93% |
| EDP (EDP.LS) | €3.78 | 4.65% | 8.28% |
| SCATEC (SCATC.OL) | kr59.00 | 3.46% | 2.17% |
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 €0.24.
PE Ratio
REN has a trailing twelve months price to earnings ratio of 10.1. Meaning, the purchaser of the share is investing €10.1 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%.
Moving Average
REN’s worth is under its 50-day moving average of €2.49 and below its 200-day moving average of €2.55.
Sales Growth
REN’s sales growth is negative 8% for the current quarter and 20.8% for the next.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on May 12, 2023, the estimated forward annual dividend rate is 0.31 and the estimated forward annual dividend yield is 12.57%.
More news about REN.
2. EDP (EDP.LS)
4.65% Forward Dividend Yield and 8.28% 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. EDP – Energias de Portugal, S.A. was incorporated in 1976 and is headquartered in Lisbon, Portugal.
Earnings Per Share
As for profitability, EDP has a trailing twelve months EPS of €0.19.
PE Ratio
EDP has a trailing twelve months price to earnings ratio of 19.9. Meaning, the purchaser of the share is investing €19.9 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 8.28%.
Volume
Today’s last reported volume for EDP is 1731290 which is 74.63% below its average volume of 6825290.
Moving Average
EDP’s worth is way under its 50-day moving average of €4.35 and way under its 200-day moving average of €4.64.
Revenue Growth
Year-on-year quarterly revenue growth declined by 19.3%, now sitting on 18.73B for the twelve trailing months.
Earnings Before Interest, Taxes, Depreciation, and Amortization
EDP’s EBITDA is 1.95.
More news about EDP.
3. SCATEC (SCATC.OL)
3.46% Forward Dividend Yield and 2.17% Return On Equity
Scatec ASA, together with its subsidiaries, provides renewable energy solutions worldwide. The company operates through Power Production; Services; and Development & Construction segments. It develops, builds, owns, and operates solar, wind, and hydro power plants and storage solutions. The company is also involved in the engineering, procurement, construction, operation, maintenance, and asset management of power plants. It has a total of 4.6 GW in operation and under construction. The company was formerly known as Scatec Solar ASA and changed its name to Scatec ASA in November 2020. Scatec ASA was incorporated in 2007 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, SCATEC has a trailing twelve months EPS of kr0.21.
PE Ratio
SCATEC has a trailing twelve months price to earnings ratio of 280.95. Meaning, the purchaser of the share is investing kr280.95 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 2.17%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Apr 19, 2023, the estimated forward annual dividend rate is 1.94 and the estimated forward annual dividend yield is 3.46%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
SCATEC’s EBITDA is 27.59.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, SCATEC’s stock is considered to be oversold (<=20).
Volume
Today’s last reported volume for SCATEC is 102360 which is 69.86% below its average volume of 339673.
More news about SCATEC.
