TGS ASA Dividend
TGS ASA Dividend history 14 years & estimates 2024 to 2027
Dividend Analysis of the TGS ASA Stock
| Current dividend yield | 3.5 % |
| Dividendenrendite 5 Jahre | 2.91 % |
| Dividend Yield 10Y | 8.93 % |
| Payout 3Y | 3.26 % |
When does TGS ASA pay a dividend?
The TGS ASA stock dividend is paid 4 times a year. In order to receive a dividend, you should generally own the TGS ASA stock before the ex-dividend date. The Dividend Calendar shows that the last ex-day dates were February, May, July and November . Dividends from TGS ASA are distributed via March, June, August and November.
| Year | Dividend | Ex-day & Payday |
Frequency | |
|---|---|---|---|---|
| Fiscal Year | Dividend per Share | Ex-Day | Payday | Payment frequency |
| 2024 |
NOK1.51
NOK1.51
|
Jul 25 2024
Jul 25 2024
Aug 08 2024
Jul 25 24
Aug 08 24 |
Aug 08 2024 |
quarterly
quarterly
|
| 2024 |
NOK1.52
NOK1.52
|
May 16 2024
May 16 2024
Jun 03 2024
May 16 24
Jun 03 24 |
Jun 03 2024 |
quarterly
quarterly
|
| 2024 |
NOK1.47
NOK1.47
|
Feb 22 2024
Feb 22 2024
Mar 07 2024
Feb 22 24
Mar 07 24 |
Mar 07 2024 |
quarterly
quarterly
|
| 2023 |
NOK1.56
NOK1.56
|
Nov 02 2023
Nov 02 2023
Nov 16 2023
Nov 02 23
Nov 16 23 |
Nov 16 2023 |
quarterly
quarterly
|
| 2023 |
NOK1.41
NOK1.41
|
Jul 27 2023
Jul 27 2023
Aug 10 2023
Jul 27 23
Aug 10 23 |
Aug 10 2023 |
quarterly
quarterly
|
| 2023 |
NOK1.48
NOK1.48
|
May 22 2023
May 22 2023
Jun 05 2023
May 22 23
Jun 05 23 |
Jun 05 2023 |
quarterly
quarterly
|
| 2023 |
NOK1.46
NOK1.46
|
Feb 16 2023
Feb 16 2023
Mar 02 2023
Feb 16 23
Mar 02 23 |
Mar 02 2023 |
quarterly
quarterly
|
| 2022 |
NOK1.48
NOK1.48
|
Nov 03 2022
Nov 03 2022
Nov 17 2022
Nov 03 22
Nov 17 22 |
Nov 17 2022 |
quarterly
quarterly
|
| 2022 |
NOK1.39
NOK1.39
|
Jul 28 2022
Jul 28 2022
Aug 11 2022
Jul 28 22
Aug 11 22 |
Aug 11 2022 |
quarterly
quarterly
|
| 2022 |
NOK1.36
NOK1.36
|
May 19 2022
May 19 2022
Jun 02 2022
May 19 22
Jun 02 22 |
Jun 02 2022 |
quarterly
quarterly
|
How much dividend does TGS ASA pay?
TGS ASA most recently paid a dividend of NOK1.51. TGS ASA paid a Dividend of NOK5.91 Per Share in the financial year 2023. With a stock price of NOK105.80 at Sep 18 2024, the current dividend yield is 5.59% (calculation: NOK5.91 / NOK105.80 = 5.59%). No special dividend was paid.
What is the TGS ASA Dividend Yield and payout ratio?
The average TGS ASA dividend yield over the last 5 years is 4.16% and the average over the last 10 years is 3.84%.
The payout ratio of TGS ASA in relation to the last financial year is 326.52%. The payout ratio smoothed over 3 years is 477.22%. The calculation is based on the sum of all dividend payments divided by the cumulative earnings per share(EPS).
| Metric | TGS ASA |
|---|---|
| Current dividend yield | 5.59% |
| Dividend Yield 5Y | 4.16% |
| Dividend Yield 10Y | 3.84% |
| Payout 1Y | 326.52% |
| Payout 3Y | 477.22% |
Is the TGS ASA dividend safe? Continuity & Dividend Growth
Is the TGS ASA dividend safe?
TGS ASA has been paying a dividend for 14 years and has not lowered the dividend for 2 years (dividend continuity). As a result, the dividend was recently increased 2-times.
The Dividend Growth in relation to the previous financial year amounts to 8.04%. The average TGS ASA Dividend Growth over the last 5 years is -1.86%. The average for the last 10 years is -2.98%.
| Metric | TGS ASA |
|---|---|
| Increased | 2 Years |
| Continuity | 2 Years |
| Paid | 14 Years |
| Growth 1Y | 8.04% |
| Growth 5Y | -1.86% |
| Growth 10Y | -2.98% |
Continuity
TGS ASA has been paying a dividend for 14 years and has not lowered the dividend for 2 years (dividend continuity). As a result, the dividend was recently increased 2-times.
Dividend Growth
The Dividend Growth in relation to the previous financial year amounts to 8.04%. The average TGS ASA Dividend Growth over the last 5 years is -1.86%. The average for the last 10 years is -2.98%.
TGS ASA Stock Forecast 2024
On the stock exchange, the TGS ASA stock (ISIN: NO0003078800) is not traded as a top scorer in September 2024 according to the dividend strategy.
The stock price of TGS ASA -19.67% has fallen since the beginning of the year 2024. However, the return generated in the past says nothing about the future return. You can find the TGS ASA stock price in real time at the top of the page.
TGS ASA (symbol: TGS) is valued at a Price / Earnings Ratio (P/E ratio) of 47.61 and a price/sales ratio (P/S ratio) of 2.46 valued. Based on analyst estimates, the TGS ASA stock forecast 2024 of the current financial year corresponds to a valuation of 9.34 according to P/E ratio and 1.95 according to P/S.
| Metric | TGS ASA |
|---|---|
| Dividend Score | ??/15 |
| Performance 2024 |
19.67%
|
| P/E TTM | 47.61 |
| P/S TTM | 2.46 |
| P/E forward | 9.34 |
| P/S forward | 1.95 |
TGS ASA (symbol: TGS) is valued at a Price / Earnings Ratio (P/E ratio) of 47.61 and a price/sales ratio (P/S ratio) of 2.46 valued. Based on analyst estimates, the TGS ASA stock forecast 2024 of the current financial year corresponds to a valuation of 9.34 according to P/E ratio and 1.95 according to P/S.
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