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) €2.25 12.57% 8.93%
EDP (EDP.LS) €4.00 4.93% 8.28%
ELEC.STRASBOURG (ELEC.PA) €99.40 2.67% 13.75%
SCATEC (SCATC.OL) kr75.15 2.49% 11.58%

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 9.35. Meaning, the purchaser of the share is investing €9.35 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%.

Volatility

REN’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.39%, a negative 0.17%, and a positive 0.61%.

REN’s highest amplitude of average volatility was 0.50% (last week), 0.58% (last month), and 0.61% (last quarter).

Sales Growth

REN’s sales growth is negative 8% for the present quarter and 20.8% for the next.

More news about REN.

2. EDP (EDP.LS)

4.93% 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 €0.27.

PE Ratio

EDP has a trailing twelve months price to earnings ratio of 14.83. Meaning, the purchaser of the share is investing €14.83 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%.

Moving Average

EDP’s value is above its 50-day moving average of €3.99 and way below its 200-day moving average of €4.49.

Stock Price Classification

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

Earnings Before Interest, Taxes, Depreciation, and Amortization

EDP’s EBITDA is 25.69.

More news about EDP.

3. ELEC.STRASBOURG (ELEC.PA)

2.67% Forward Dividend Yield and 13.75% 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 operates as a subsidiary of EDF Développement Environnement SA.

Earnings Per Share

As for profitability, ELEC.STRASBOURG has a trailing twelve months EPS of €5.44.

PE Ratio

ELEC.STRASBOURG has a trailing twelve months price to earnings ratio of 18.27. Meaning, the purchaser of the share is investing €18.27 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 13.75%.

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 2.67%.

Yearly Top and Bottom Value

ELEC.STRASBOURG’s stock is valued at €99.40 at 16:30 EST, under its 52-week high of €101.00 and way higher than its 52-week low of €81.60.

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).

Volume

Today’s last reported volume for ELEC.STRASBOURG is 41 which is 86.33% below its average volume of 300.

More news about ELEC.STRASBOURG.

4. SCATEC (SCATC.OL)

2.49% Forward Dividend Yield and 11.58% 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 kr-1.11.

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 11.58%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

SCATEC’s EBITDA is 40.46.

Moving Average

SCATEC’s value is above its 50-day moving average of kr73.68 and higher than its 200-day moving average of kr71.14.

Volatility

SCATEC’s last week, last month’s, and last quarter’s current intraday variation average was a positive 1.15%, a negative 0.55%, and a positive 2.49%.

SCATEC’s highest amplitude of average volatility was 3.96% (last week), 2.51% (last month), and 2.49% (last quarter).

More news about SCATEC.

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