REXEL And NORBIT Have A High Dividend Yield And Return On Equity In The Technology Sector.

(VIANEWS) – REXEL (RXL.PA) is among this list of stock assets with the highest dividend rate and return on equity on the Technology sector.

Financial Asset Price Forward Dividend Yield Return on Equity
REXEL (RXL.PA) €23.22 4.84% 17.31%
NORBIT (NORBT.OL) kr36.00 1.88% 19.45%

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. REXEL (RXL.PA)

4.84% Forward Dividend Yield and 17.31% Return On Equity

Rexel S.A., together with its subsidiaries, engages in distribution of low and ultra-low voltage electrical products and services for the residential, commercial, and industrial energy markets in France, Europe, North America, and Asia-Pacific. The company offers smart cameras, sensors, controllers, and monitoring software; light sources, lights, and control switches; climate control products, including heat pumps, air conditioning, and water heaters; fire alarms, surveillance equipment, access controls devices, and emergency lightings; and connection cables, and switches and routers, as well as enclosures, mounts, and racks. It also provides solar modules and inverters; connected lighting, intelligent home system, home control touch screen, and smart thermostat products; residential chargers, commercial stations, and charging cables for electric vehicles; electric motors, variable speed drives, programmable logic controllers, and computers and operator interface; and fastening systems, electrical power and control, and valves and instrumentation products. The company offers products, services, and solutions in the fields of technical supply, automation, and energy management related to the construction, renovation, maintenance, and production. It operates a network of approximately 1,900 branches in 21 countries. The company was founded in 1967 and is headquartered in Paris, France.

Earnings Per Share

As for profitability, REXEL has a trailing twelve months EPS of €-0.86.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 17.31%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on May 9, 2023, the estimated forward annual dividend rate is 1.2 and the estimated forward annual dividend yield is 4.84%.

Volatility

REXEL’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.67%, a positive 0.57%, and a positive 1.34%.

REXEL’s highest amplitude of average volatility was 1.88% (last week), 1.50% (last month), and 1.34% (last quarter).

Volume

Today’s last reported volume for REXEL is 489429 which is 42.92% below its average volume of 857542.

Sales Growth

REXEL’s sales growth for the current quarter is 0.4%.

More news about REXEL.

2. NORBIT (NORBT.OL)

1.88% Forward Dividend Yield and 19.45% Return On Equity

NORBIT ASA provides technology products and solutions. It operates through three segments: Oceans, Connectivity, and Product Innovation and Realization. The company designs and develops wideband multibeam sonars used for hydrographic and forward-looking applications, as well as for detection of advanced subsea leakage; and provides cable assemblies, electromechanical box builds, and business solutions. It also offers sensors and sensor platforms used for monitoring, detection, and reporting tasks; GuardPoint, a surveillance sonar used to detect underwater intruders; SafePoint that use to detect navigational obstacles; NORTrace, a software that simulates and graphs the underwater propagation of various sonar; SeaCOP software system for monitoring, detection, and emergency response for maritime and offshore operations; and security solutions for defense. In addition, the company provides high power underwater lights, power cabinets, and other sensor solutions for aquaculture industry. Further, it offers dedicated short-range communication (DSRC) technology for intelligent traffic systems and truck applications; global navigation satellite systems-based tolling and DSRC devices, and connectivity modules for smart tachographs; desktop readers; roadside units; and reclosable fasteners. The company was founded in 1980 and is headquartered in Trondheim, Norway.

Earnings Per Share

As for profitability, NORBIT has a trailing twelve months EPS of kr1.33.

PE Ratio

NORBIT has a trailing twelve months price to earnings ratio of 27.07. Meaning, the purchaser of the share is investing kr27.07 for every norwegian krone of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 19.45%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on May 5, 2023, the estimated forward annual dividend rate is 0.7 and the estimated forward annual dividend yield is 1.88%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 200% and 79.5%, respectively.

More news about NORBIT.

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