(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) | €2.23 | 12.57% | 8.93% |
| ENGIE (ENGI.PA) | €15.51 | 8.88% | 7.74% |
| SCATEC (SCATC.OL) | kr73.85 | 2.78% | 11.58% |
| MAGNORA (MGN.OL) | kr29.60 | 1.26% | 32.99% |
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 8.26. Meaning, the purchaser of the share is investing €8.26 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. ENGIE (ENGI.PA)
8.88% 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, FlexGen, Retail, 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, 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 energy and related services. The FlexGen segment operates flexible thermal generation and electricity, pumping, and battery storage facilities; solutions for decarbonizing industry with low-carbon hydrogen; and financing, construction, and operation of desalination plants. The Retail 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 17.83. Meaning, the purchaser of the share is investing €17.83 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 7.74%.
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 8.88%.
Volatility
ENGIE’s last week, last month’s, and last quarter’s current intraday variation average was 0.31%, 0.19%, and 0.66%.
ENGIE’s highest amplitude of average volatility was 0.31% (last week), 0.61% (last month), and 0.66% (last quarter).
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3. SCATEC (SCATC.OL)
2.78% 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 produces and sells solar, winds, and hydro generated electricity. The company also develops, builds, owns, and operates solar, wind, and hydro power plants and storage solutions. The company is also involved in the engineering, procurement, and construction, as well as operation, maintenance, and asset management of power plants. It has a total of 4.2 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 kr3.95.
PE Ratio
SCATEC has a trailing twelve months price to earnings ratio of 18.7. Meaning, the purchaser of the share is investing kr18.7 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 11.58%.
Moving Average
SCATEC’s worth is higher than its 50-day moving average of kr70.09 and higher than its 200-day moving average of kr70.80.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is 113.7% and a drop 36.8% for the next.
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4. MAGNORA (MGN.OL)
1.26% Forward Dividend Yield and 32.99% Return On Equity
Magnora ASA operates as a renewable energy development company in Norway, Sweden, and the United States. The company primarily focuses on developing wind, solar photovoltaic (PV), and battery storage projects. It also hold license agreements with the Dana Western Isles and Shell Penguins. It serves renewable energy operators, investment and oil companies, and global marine contractors. The company was formerly known as Sevan Marine ASA and changed its name to Magnora ASA in October 2018. Magnora ASA was incorporated in 2001 and is based in Oslo, Norway.
Earnings Per Share
As for profitability, MAGNORA has a trailing twelve months EPS of kr2.86.
PE Ratio
MAGNORA has a trailing twelve months price to earnings ratio of 10.35. Meaning, the purchaser of the share is investing kr10.35 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 32.99%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter is a negative 75.4% and positive 280% for the next.
Moving Average
MAGNORA’s value is below its 50-day moving average of kr30.08 and below its 200-day moving average of kr31.53.
Volatility
MAGNORA’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.26%, a negative 0.31%, and a positive 1.31%.
MAGNORA’s highest amplitude of average volatility was 1.12% (last week), 1.51% (last month), and 1.31% (last quarter).
Revenue Growth
Year-on-year quarterly revenue growth grew by 36.9%, now sitting on 28.7M for the twelve trailing months.
More news about MAGNORA.
