REN, ENGIE, Another 1 Companies Have A High Dividend Yield And Return On Equity In The Utilities – Diversified Industry.

(VIANEWS) – REN (RENE.LS) is among this list of stock assets with the highest dividend rate and return on equity on the Utilities – Diversified industry.

Financial Asset Price Forward Dividend Yield Return on Equity
REN (RENE.LS) €2.17 12.57% 8.93%
ENGIE (ENGI.PA) €15.26 9.38% 7.74%
EDP (EDP.LS) €3.65 5% 8.73%

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 €0.23.

PE Ratio

REN has a trailing twelve months price to earnings ratio of 9.43. Meaning, the purchaser of the share is investing €9.43 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%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on May 12, 2023, the estimated forward annual dividend rate is 0.31 and the estimated forward annual dividend yield is 12.57%.

Sales Growth

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

Volatility

REN’s last week, last month’s, and last quarter’s current intraday variation average was a negative 1.14%, a negative 0.05%, and a positive 0.76%.

REN’s highest amplitude of average volatility was 1.14% (last week), 0.79% (last month), and 0.76% (last quarter).

More news about REN.

2. ENGIE (ENGI.PA)

9.38% Forward Dividend Yield and 7.74% Return On Equity

ENGIE SA engages in the power, natural gas, and energy services businesses. It operates through Renewables, Networks, Energy Solutions, Thermal, Supply, Nuclear, and Others segments. The Renewables segment comprises renewable energy generation activities, including financing, construction, operation, and maintenance of renewable energy facilities using various energy sources, such as hydroelectric, onshore wind, photovoltaic solar, biomass, offshore wind, and geothermal. The Networks segment comprises the electricity and gas infrastructure activities and projects, including the management and development of gas and electricity transportation networks and natural gas distribution networks in and outside of Europe, natural gas underground storage in Europe, and regasification infrastructure in France and Chile. The Energy Solutions encompasses the construction and management of decentralized energy networks to produce low-carbon energy and related services. The Thermal segment encompasses power generation activities using thermal assets; operation of power plants fueled mainly by gas or coal, as well as pump -operated storage plants; and financing, construction, and operation of desalination plants, as well as the development of hydrogen production. The Supply segment engages in the sale of gas and electricity to professional, individual, and residential clients. The Nuclear segment engages in the nuclear power generation activities. The others segment sells energy to companies and offers energy management services and solutions The company was formerly known as GDF SUEZ S.A. and changed its name to ENGIE SA in April 2015. The company was founded in 1880 and is headquartered in Courbevoie, France.

Earnings Per Share

As for profitability, ENGIE has a trailing twelve months EPS of €0.87.

PE Ratio

ENGIE has a trailing twelve months price to earnings ratio of 17.54. Meaning, the purchaser of the share is investing €17.54 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 7.74%.

Stock Price Classification

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

Yearly Top and Bottom Value

ENGIE’s stock is valued at €15.26 at 06:40 EST, under its 52-week high of €16.64 and way higher than its 52-week low of €13.14.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on May 2, 2024, the estimated forward annual dividend rate is 1.43 and the estimated forward annual dividend yield is 9.38%.

Moving Average

ENGIE’s worth is higher than its 50-day moving average of €15.13 and above its 200-day moving average of €15.05.

More news about ENGIE.

3. EDP (EDP.LS)

5% Forward Dividend Yield and 8.73% 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 €0.23.

PE Ratio

EDP has a trailing twelve months price to earnings ratio of 15.89. Meaning, the purchaser of the share is investing €15.89 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 8.73%.

Yearly Top and Bottom Value

EDP’s stock is valued at €3.65 at 06:40 EST, way below its 52-week high of €5.23 and above its 52-week low of €3.52.

Volatility

EDP’s last week, last month’s, and last quarter’s current intraday variation average was a negative 1.52%, a negative 0.17%, and a positive 1.20%.

EDP’s highest amplitude of average volatility was 1.54% (last week), 1.22% (last month), and 1.20% (last quarter).

More news about EDP.

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