(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) | kr67.90 | 2.64% | 2.17% |
| MAGNORA (MGN.OL) | kr37.30 | 0.52% | 59.67% |
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)
2.64% 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 323.33. Meaning, the purchaser of the share is investing kr323.33 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%.
Dividend Yield
According to 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 2.64%.
More news about SCATEC.
2. 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 9.3. Meaning, the purchaser of the share is investing kr9.3 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 69.1%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
MAGNORA’s EBITDA is 6.31.
Volume
Today’s last reported volume for MAGNORA is 114112 which is 52.47% below its average volume of 240093.
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 0.52%.
More news about MAGNORA.
