(VIANEWS) – SCATEC (SCATC.OL) 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 |
|---|---|---|---|
| SCATEC (SCATC.OL) | kr78.10 | 2.78% | 11.65% |
| EDP RENOVAVEIS (EDPR.LS) | €13.72 | 1.52% | 3.96% |
| NEOEN (NEOEN.PA) | €26.24 | 0.53% | 6.44% |
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. SCATEC (SCATC.OL)
2.78% Forward Dividend Yield and 11.65% 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 kr4.24.
PE Ratio
SCATEC has a trailing twelve months price to earnings ratio of 18.42. Meaning, the purchaser of the share is investing kr18.42 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 11.65%.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, SCATEC’s stock is considered to be oversold (<=20).
Growth Estimates Quarters
The company’s growth estimates for the current quarter is a negative 36.8% and positive 528.6% for the next.
More news about SCATEC.
2. EDP RENOVAVEIS (EDPR.LS)
1.52% Forward Dividend Yield and 3.96% Return On Equity
EDP Renováveis, S.A., a renewable energy company, plans, constructs, operates, and maintains electricity power stations. The company operates wind and solar farms. As of December 31, 2023, it had an installed capacity of 6,891 megawatts in the United States; 2,042 megawatts in Spain; 1,413 megawatts in Portugal; 1,165 megawatts in Brazil; 798 megawatts in Poland; 521 megawatts in Romania; 496 megawatts in Mexico; 427 megawatts in Canada; 412 megawatts in Italy; 402 megawatts in Vietnam; 315 megawatts in Singapore; 244 megawatts in France; 123 megawatts in China; 83 megawatts in Chile; 80 megawatts in Greece; 43 megawatts in Taiwan; 11 megawatts in Belgium; 9 megawatts in the Netherlands; 7 megawatts in Thailand; and 5 megawatts in the United Kingdom. The company was incorporated in 2007 and is headquartered in Madrid, Spain. EDP Renováveis, S.A. is a subsidiary of EDP – Energias de Portugal, S.A.
Earnings Per Share
As for profitability, EDP RENOVAVEIS has a trailing twelve months EPS of €0.3.
PE Ratio
EDP RENOVAVEIS has a trailing twelve months price to earnings ratio of 45.73. Meaning, the purchaser of the share is investing €45.73 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 3.96%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 20.4%, now sitting on 2.01B for the twelve trailing months.
Sales Growth
EDP RENOVAVEIS’s sales growth is negative 10.3% for the ongoing quarter and negative 8% for the next.
More news about EDP RENOVAVEIS.
3. NEOEN (NEOEN.PA)
0.53% Forward Dividend Yield and 6.44% Return On Equity
Neoen S.A., an independent renewable energy production company, engages in the development and operation of renewable energy power plants. The company operates through Solar Power, Wind Power, Storage, Farm-Down, Development and Investments, and Eliminations segments. It operates in Argentina, Australia, Canada, Ecuador, the United States, Finland, France, Ireland, Italy, Jamaica, Mexico, Mozambique, Portugal, El Salvador, Sweden, and Zambia. Neoen S.A. was incorporated in 2008 and is headquartered in Paris, France.
Earnings Per Share
As for profitability, NEOEN has a trailing twelve months EPS of €0.94.
PE Ratio
NEOEN has a trailing twelve months price to earnings ratio of 27.91. Meaning, the purchaser of the share is investing €27.91 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 6.44%.
Yearly Top and Bottom Value
NEOEN’s stock is valued at €26.24 at 17:30 EST, way under its 52-week high of €31.06 and way higher than its 52-week low of €21.80.
Revenue Growth
Year-on-year quarterly revenue growth declined by 11.4%, now sitting on 524.4M for the twelve trailing months.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on May 20, 2024, the estimated forward annual dividend rate is 0.15 and the estimated forward annual dividend yield is 0.53%.
More news about NEOEN.
