(VIANEWS) – SCATEC (SCATC.OL) is among this list of stock assets with the highest dividend rate and return on equity on the Utilities – Renewable industry.
| Financial Asset | Price | Forward Dividend Yield | Return on Equity |
|---|---|---|---|
| SCATEC (SCATC.OL) | kr57.45 | 3.46% | 2.17% |
| ELEC.STRASBOURG (ELEC.PA) | €91.20 | 2.81% | 13.75% |
| MAGNORA (MGN.OL) | kr33.95 | 0.55% | 59.67% |
| NEOEN (NEOEN.PA) | €27.72 | 0.5% | 7.39% |
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)
3.46% Forward Dividend Yield and 2.17% 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 develops, builds, owns, and operates solar, wind, and hydro power plants and storage solutions. The company is also involved in the engineering, procurement, construction, operation, maintenance, and asset management of power plants. It has a total of 4.6 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 kr0.21.
PE Ratio
SCATEC has a trailing twelve months price to earnings ratio of 273.57. Meaning, the purchaser of the share is investing kr273.57 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 2.17%.
Sales Growth
SCATEC’s sales growth is 42.4% for the present quarter and 42.7% for the next.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is a negative 85.6% and positive 117.3% for the next.
Volume
Today’s last reported volume for SCATEC is 337802 which is 1.25% below its average volume of 342105.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Apr 19, 2023, the estimated forward annual dividend rate is 1.94 and the estimated forward annual dividend yield is 3.46%.
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2. ELEC.STRASBOURG (ELEC.PA)
2.81% Forward Dividend Yield and 13.75% Return On Equity
Électricite de Strasbourg Société Anonyme engages in the supply of electricity and natural gas to individuals, businesses, and local authorities in France. It is also involved in the design, construction, and operation of electrical engineering, industrial, and public lighting facilities, as well as heating networks; provision of collective catering engineering and energy renovation services; and technical management and optimization of energy installations. The company was founded in 1899 and is based in Strasbourg, France. Électricite de Strasbourg Société Anonyme is a subsidiary of EDF Développement Environnement SA.
Earnings Per Share
As for profitability, ELEC.STRASBOURG has a trailing twelve months EPS of €5.44.
PE Ratio
ELEC.STRASBOURG has a trailing twelve months price to earnings ratio of 16.76. Meaning, the purchaser of the share is investing €16.76 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 13.75%.
Moving Average
ELEC.STRASBOURG’s worth is below its 50-day moving average of €94.03 and under its 200-day moving average of €93.27.
Revenue Growth
Year-on-year quarterly revenue growth grew by 43.8%, now sitting on 1.29B for the twelve trailing months.
Volume
Today’s last reported volume for ELEC.STRASBOURG is 45 which is 91.26% below its average volume of 515.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on May 30, 2023, the estimated forward annual dividend rate is 2.65 and the estimated forward annual dividend yield is 2.81%.
More news about ELEC.STRASBOURG.
3. MAGNORA (MGN.OL)
0.55% Forward Dividend Yield and 59.67% Return On Equity
Magnora ASA operates as a renewable energy development company. It primarily focuses on developing wind and solar photovoltaic (PV) projects. The company also hold license agreements with the Dana Western Isles and Shell Penguins FPSO. It serves oil companies and marine contractors in the United Kingdom, Norway, and Sweden. 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 kr4.01.
PE Ratio
MAGNORA has a trailing twelve months price to earnings ratio of 8.47. Meaning, the purchaser of the share is investing kr8.47 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 59.67%.
Sales Growth
MAGNORA’s sales growth for the next quarter is negative 69.3%.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Aug 17, 2023, the estimated forward annual dividend rate is 0.19 and the estimated forward annual dividend yield is 0.55%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 3830.5%, now sitting on 330.4M for the twelve trailing months.
Moving Average
MAGNORA’s worth is under its 50-day moving average of kr33.98 and way above its 200-day moving average of kr27.27.
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4. NEOEN (NEOEN.PA)
0.5% Forward Dividend Yield and 7.39% 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. Neoen S.A. operates as a subsidiary of Impala SAS.
Earnings Per Share
As for profitability, NEOEN has a trailing twelve months EPS of €1.14.
PE Ratio
NEOEN has a trailing twelve months price to earnings ratio of 24.32. Meaning, the purchaser of the share is investing €24.32 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 7.39%.
Moving Average
NEOEN’s value is above its 50-day moving average of €27.23 and under its 200-day moving average of €29.56.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on May 17, 2023, the estimated forward annual dividend rate is 0.12 and the estimated forward annual dividend yield is 0.5%.
Sales Growth
NEOEN’s sales growth is 63.4% for the ongoing quarter and 48.5% for the next.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, NEOEN’s stock is considered to be overbought (>=80).
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