REN And ELEC.STRASBOURG 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) €2.37 12.57% 8.93%
ELEC.STRASBOURG (ELEC.PA) €91.20 2.81% 13.75%

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 9.85. Meaning, the purchaser of the share is investing €9.85 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%.

Volume

Today’s last reported volume for REN is 290630 which is 41.32% below its average volume of 495317.

Yearly Top and Bottom Value

REN’s stock is valued at €2.37 at 22:30 EST, way below its 52-week high of €2.80 and above its 52-week low of €2.36.

More news about REN.

2. ELEC.STRASBOURG (ELEC.PA)

2.81% 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 is 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 16.76. Meaning, the purchaser of the share is investing €16.76 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%.

Volume

Today’s last reported volume for ELEC.STRASBOURG is 45 which is 91.26% below its average volume of 515.

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).

More news about ELEC.STRASBOURG.

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