(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) | €2.27 | 12.57% | 8.93% |
| EDP RENOVAVEIS (EDPR.LS) | €15.37 | 1.37% | 5.24% |
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 9.44. Meaning, the purchaser of the share is investing €9.44 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 0.44%, a negative 0.17%, and a positive 0.62%.
REN’s highest amplitude of average volatility was 0.66% (last week), 0.63% (last month), and 0.62% (last quarter).
More news about REN.
2. EDP RENOVAVEIS (EDPR.LS)
1.37% Forward Dividend Yield and 5.24% Return On Equity
EDP Renováveis, S.A., a renewable energy company, plans, constructs, operates, and maintains electricity power stations. The company operates wind and solar farms. As of June 30, 2023, it had an installed capacity of 6,080 megawatts in the United States; 2,211 megawatts in Spain; 1,114 megawatts in Brazil; 1,190 megawatts in Portugal; 917 megawatts in Poland; 521 megawatts in Romania; 496 megawatts in Mexico; 402 megawatts in Vietnam; 375 megawatts in Italy; 214 megawatts in France; 267 megawatts in Singapore; 130 megawatts in Canada; 45 megawatts in Greece; 73 megawatts in China; 37 megawatts in Taiwan; 11 megawatts in Belgium; 5 megawatts in the United Kingdom; and 1 megawatt in Thailand. The company was incorporated in 2007 and is headquartered in Madrid, Spain. EDP Renováveis, S.A. operates as a subsidiary of EDP – Energias de Portugal, S.A.
Earnings Per Share
As for profitability, EDP RENOVAVEIS has a trailing twelve months EPS of €0.43.
PE Ratio
EDP RENOVAVEIS has a trailing twelve months price to earnings ratio of 35.74. Meaning, the purchaser of the share is investing €35.74 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 5.24%.
Volatility
EDP RENOVAVEIS’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.68%, a negative 0.93%, and a positive 1.59%.
EDP RENOVAVEIS’s highest amplitude of average volatility was 0.68% (last week), 1.16% (last month), and 1.59% (last quarter).
Revenue Growth
Year-on-year quarterly revenue growth declined by 34.3%, now sitting on 2.13B for the twelve trailing months.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, EDP RENOVAVEIS’s stock is considered to be overbought (>=80).
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on May 9, 2023, the estimated forward annual dividend rate is 0.27 and the estimated forward annual dividend yield is 1.37%.
More news about EDP RENOVAVEIS.
