(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) | kr66.10 | 2.87% | 2.17% |
| ELEC.STRASBOURG (ELEC.PA) | €91.20 | 2.79% | 13.75% |
| MAGNORA (MGN.OL) | kr36.00 | 0.52% | 59.67% |
| NEOEN (NEOEN.PA) | €27.72 | 0.43% | 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)
2.87% 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 314.76. Meaning, the purchaser of the share is investing kr314.76 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 negative 3% for the ongoing quarter and 18.3% for the next.
Yearly Top and Bottom Value
SCATEC’s stock is valued at kr66.10 at 22:40 EST, way under its 52-week high of kr98.02 and above its 52-week low of kr61.76.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is a negative 80% and positive 117.3% for the next.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, SCATEC’s stock is considered to be overbought (>=80).
More news about SCATEC.
2. ELEC.STRASBOURG (ELEC.PA)
2.79% 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 value is under its 50-day moving average of €92.58 and under its 200-day moving average of €93.67.
More news about ELEC.STRASBOURG.
3. MAGNORA (MGN.OL)
0.52% 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 8.98. Meaning, the purchaser of the share is investing kr8.98 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%.
Dividend Yield
As maintained 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 0.52%.
Moving Average
MAGNORA’s value is way higher than its 50-day moving average of kr31.90 and way higher than its 200-day moving average of kr25.98.
Volatility
MAGNORA’s last week, last month’s, and last quarter’s current intraday variation average was 0.46%, 0.59%, and 1.81%.
MAGNORA’s highest amplitude of average volatility was 1.56% (last week), 2.14% (last month), and 1.81% (last quarter).
More news about MAGNORA.
4. NEOEN (NEOEN.PA)
0.43% 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%.
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 0.43%.
More news about NEOEN.
