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Atea ASA is a Norway-based company that provides IT infrastructure and system integration services to customers.

The company's product and services portfolio includes the sale of products such as third-party hardware and software, mobile device management and security software, and maintenance and operation of IT infrastructure services for companies, among others.

The company operations are divided into six business segments based on geographical areas and services: Norway, Sweden, Denmark, Finland, The Baltics, and Shared Services. The firm generates the majority of its revenue in Sweden.

Atea ASA was founded in 1968 and is headquartered in Oslo, Norway

Three key data points gauge Atea  or any dividend paying firm.

The key three are:

(1) Price

(2) Dividends

(3) Returns

Those three keys also best tell whether any company has made, is making, and will make money.
 

ATEAY Price

Atea’s share price rose about 1.6% in the past year from $6.00 to $6.10 as of Friday’s market close.

In the past 3 years the company’s share price has ranged from $4.30 to $10.00 (Its all-time high reached March 1, 2022.

If the company repeats its one year average annual performance, its price might grow by $1.25 next year to $6.35.
 

ATEAY Dividend

Atea ASA has paid variable semi-annual dividends since December 3, 2021. The company’s most recent SA dividend of $0.16 was declared November 4th for shareholders of record prior to November 11th and the payout was made December 11th. A forward looking annual dividend of $0.32 yields 5.14% per Friday’s closing price.
 

ATEAY Returns

Putting it all together, a $1.57 estimated gross gain per share shows up by adding ATEAY’s annual $0.32 dividend to the estimated $1.25 annual price gain, totaling that $1.57 gross amount.

A little over $1000 buys 164 shares at Friday’s $6.10 share price.

A $10 broker fee (if charged), collected half at purchase and half at sale, might take about $0.06 per share out of the $1.57 gross-gain to give us a net $1.51 amount per share to multiply by 164, to equal  $247.64 for about a 25% estimated net gain on the year.

Furthermore, the $51.40 annual dividend income from $1k invested in Atea ASA is over 8.4 times greater than the single-share price. By these numbers, Atea ASA may be an ideal dividend dog.

Therefore, you may choose to pounce on Atea as a 57 year-old semi-annual dividend-paying media company with a 3 year dividend record.

The exact track of Atea ASA future 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.

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