SCATEC And MAGNORA Have A High Dividend Yield And Return On Equity In The Utilities Sector.

(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) kr86.00 2.78% 11.65%
MAGNORA (MGN.OL) kr27.50 1.32% 32.99%

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 20.28. Meaning, the purchaser of the share is investing kr20.28 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%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is a negative 36.8% and positive 528.6% for the next.

Volatility

SCATEC’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.69%, a positive 0.53%, and a positive 2.20%.

SCATEC’s highest amplitude of average volatility was 0.81% (last week), 1.55% (last month), and 2.20% (last quarter).

Yearly Top and Bottom Value

SCATEC’s stock is valued at kr86.00 at 17:30 EST, under its 52-week high of kr91.45 and way higher than its 52-week low of kr52.50.

Sales Growth

SCATEC’s sales growth is negative 4.8% for the current quarter and 121.2% for the next.

More news about SCATEC.

2. MAGNORA (MGN.OL)

1.32% Forward Dividend Yield and 32.99% Return On Equity

Magnora ASA operates as a renewable energy development company in Norway, Sweden, and the United States. The company primarily focuses on developing wind, solar photovoltaic (PV), and battery storage projects. It also hold license agreements with the Dana Western Isles and Shell Penguins. It serves renewable energy operators, investment and oil companies, and global marine contractors. 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 kr2.86.

PE Ratio

MAGNORA has a trailing twelve months price to earnings ratio of 9.62. Meaning, the purchaser of the share is investing kr9.62 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 32.99%.

More news about MAGNORA.

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