REN, EDP, Another 2 Companies Have A High Dividend Yield And Return On Equity In The Utilities Sector.

(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) €2.51 12.47% 7.92%
EDP (EDP.LS) €4.59 4.15% 10.01%
ELEC.STRASBOURG (ELEC.PA) €89.40 2.98% 10.05%
NEOEN (NEOEN.PA) €28.40 0.45% 2.78%

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)

12.47% Forward Dividend Yield and 7.92% 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 for the production of electric energy from ocean waves; and operates a telecommunications network. It also operates liquefied natural gas terminal maintenance and regasification facilities; manages projects and ventures in the natural gas sector; provides underground storage development, maintenance, and operation services; offers natural gas transport and management services; and distributes natural gas, as well as provides communication and sustainability, marketing, business management, business development and consulting, and IT project services. In addition, the company 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, 2021, it operated national electricity transmission system with 8,907 kilometers in lines, 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 €0.22.

PE Ratio

REN has a trailing twelve months price to earnings ratio of 11.41. Meaning, the purchaser of the share is investing €11.41 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 7.92%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

REN’s EBITDA is 3.66.

More news about REN.

2. EDP (EDP.LS)

4.15% Forward Dividend Yield and 10.01% 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 €0.25.

PE Ratio

EDP has a trailing twelve months price to earnings ratio of 18.38. Meaning, the purchaser of the share is investing €18.38 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 10.01%.

Moving Average

EDP’s worth is below its 50-day moving average of €4.91 and below its 200-day moving average of €4.71.

More news about EDP.

3. ELEC.STRASBOURG (ELEC.PA)

2.98% Forward Dividend Yield and 10.05% Return On Equity

Électricite de Strasbourg Société Anonyme engages in the supply of electricity and natural gas to individuals, businesses, and local authorities in France. It is also involved in the design, construction, and operation of electrical engineering, industrial, and public lighting facilities, as well as heating networks; provision of collective catering engineering and energy renovation services; and technical management and optimization of energy installations. The company was founded in 1899 and is based in Strasbourg, France. Électricite de Strasbourg Société Anonyme is a subsidiary of EDF Développement Environnement SA.

Earnings Per Share

As for profitability, ELEC.STRASBOURG has a trailing twelve months EPS of €5.43.

PE Ratio

ELEC.STRASBOURG has a trailing twelve months price to earnings ratio of 16.46. Meaning, the purchaser of the share is investing €16.46 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 10.05%.

Volatility

ELEC.STRASBOURG’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.22%, a positive 0.06%, and a positive 1.13%.

ELEC.STRASBOURG’s highest amplitude of average volatility was 0.22% (last week), 1.04% (last month), and 1.13% (last quarter).

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, ELEC.STRASBOURG’s stock is considered to be overbought (>=80).

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on May 30, 2023, the estimated forward annual dividend rate is 2.65 and the estimated forward annual dividend yield is 2.98%.

More news about ELEC.STRASBOURG.

4. NEOEN (NEOEN.PA)

0.45% Forward Dividend Yield and 2.78% Return On Equity

Neoen S.A., an independent renewable energy production company, engages in the development and operation of renewable energy power plants. The company operates through Solar Power, Wind Power, Storage, Farm-Down, Development and Investments, and Eliminations segments. It operates in Argentina, Australia, Canada, Ecuador, the United States, Finland, France, Ireland, Italy, Jamaica, Mexico, Mozambique, Portugal, El Salvador, Sweden, and Zambia. Neoen S.A. was incorporated in 2008 and is headquartered in Paris, France. Neoen S.A. operates as a subsidiary of Impala SAS.

Earnings Per Share

As for profitability, NEOEN has a trailing twelve months EPS of €0.35.

PE Ratio

NEOEN has a trailing twelve months price to earnings ratio of 81.14. Meaning, the purchaser of the share is investing €81.14 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 2.78%.

More news about NEOEN.

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