Current Report: Tryg Appears Set To Gain 14.23%, Come 2027

The company was founded in 2002, and is headquartered in Ballerup, Denmark.

Tryg A/S  with the ticker (TGVSF) provides insurance services through four divisions: Private, Commercial, Corporate and Other.

Three key data points gauge TGVSF (or any dividend paying entity):

(1) Price 

(2) Dividends

(3) Returns

Those three keys also indicate if any company has made, is making, and will make money.

TGVSF Price

Tryg’s single share price went up $1.55 (or about 23%) from $22.20 to $23.75 in the past year, per Wednesday’s opening market report.

No analysts cover the stock. However, the TGVSF past two and three-quarter year price history shows an average $2.02 annual price gain which I’ll use for its annual return; after I discuss dividends.  

TGVSF Dividends

Tryg has paid variable dividends since April, 2009, converting to quarterly payouts in 2017 with single quarterly pauses in the  Covid years of 2021 & 2022.  The latest Q amount of  $0.34 was paid April 20th (to shareholders on record as of April 17th) yielding 5.71% annually (per Wednesday’s opening market report.)

TGVSF Returns

Putting it all together, as of July 8th, a possible gross gain of $2.40 was projected. The $2.02 per share historic annual gain was added to the $1.3556 forward looking annual dividend to equal a $3.38 gross gain.

A little under $1000 invested in TGVSF at Wednesday’s $23.75 opening share price would buy 42 shares which multiply the $3.38 gross gain to $142.32 for the coming year, or about 14.23%.

My dividend dogcatcher rule is to only buy initial shares of a dividend stock that pay an annual dividend (from $1000 invested) that is greater than the cost of one share.

TGVSF’s projected annual dividend from $1K invested is $57.10. So Tryg shows an annual dividend from $1,000 invested at a $23.75 price is over 2.4 times greater than its recent single share price.

The exact track of TGVSF’s future share price and dividend will entirely be determined by market action and company finances. 

Remember the best way to track stock performance and dividend payments is through direct ownership of company shares.