(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) | €2.30 | 12.57% | 8.93% |
| ELMERA GROUP (ELMRA.OL) | kr31.90 | 6.79% | 5.02% |
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, 2023, it operated national electricity transmission system with 9,409 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 €0.27.
PE Ratio
REN has a trailing twelve months price to earnings ratio of 8.5. Meaning, the purchaser of the share is investing €8.5 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%.
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2. ELMERA GROUP (ELMRA.OL)
6.79% Forward Dividend Yield and 5.02% Return On Equity
Elmera Group ASA, together with its subsidiaries, engages in the purchase, sale, and portfolio management of electrical power to households, private and public companies, and municipalities in Norway. The company operates through Consumer, Business, and Nordic segments. It sells electrical power and related services to private consumers, business consumers, as well as consumers in Finland and Sweden. The company also manufactures and sells EV chargers and PV panels; and provides payment solutions services. In addition, it manages, researches, and develops products and services related to electrical power; and provides mobile phone services to private customers. The company was formerly known as Fjordkraft Holding ASA and changed its name to Elmera Group ASA in April 2022. Elmera Group ASA was founded in 2001 and is headquartered in Bergen, Norway.
Earnings Per Share
As for profitability, ELMERA GROUP has a trailing twelve months EPS of kr1.82.
PE Ratio
ELMERA GROUP has a trailing twelve months price to earnings ratio of 17.53. Meaning, the purchaser of the share is investing kr17.53 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 5.02%.
Volatility
ELMERA GROUP’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.63%, a negative 0.06%, and a positive 1.31%.
ELMERA GROUP’s highest amplitude of average volatility was 1.15% (last week), 1.27% (last month), and 1.31% (last quarter).
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, ELMERA GROUP’s stock is considered to be overbought (>=80).
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