Austevoll Seafood ASA (ASTVF) is a Norwegian fishery and seafood company that owns and operates fishing vessels, fishmeal plants, canning plants, freezing plants, salmon farming, and marketing and sales.

The company mainly operates in Norway, the U.K., Peru, Chile, and North Atlantic region.

ASTVF’s activities are segmented as: Leroy Seafood Group ASA (Europe), Austral Group S.A.A (Peru), Foodcorp Chile S.A (Chile), Br. Birkeland AS (Norway), Br. Birkeland Farming AS (Norway) and the joint venture Pelagia Holding AS (Europe).

Among the segments, Leroy Seafood Group ASA (Europe) generates the majority of the group's income.

The company was incorporated in 1981 and is headquartered in Storebø, Norway.

Austevoll Seafood ASA is a subsidiary of Laco AS.

Three key data points gauge Austevoll 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.

ASTVF Price

Austevoll’s price grew  20% in the past year from $7.75 to $9.30 as of Friday’s market close.

In the past 3 years the company’s share price has ranged from $6.54 to $16.30 the all-time high reached in late April 2022.

Should Austevoll share price conform to the average $1.55 per year price gains charted over the past year,  its share price might grow to $10.85 in the coming year.

ASTVF Dividends

Austevoll has paid variable annual dividends since June, 2015. The company’s most recent A dividend of $0.42 was declared May 1st for shareholders of record prior to May 30th. The dividend paid June 12th. The forward looking annual dividend of $0.42 yields 4.57% per Friday’s closing price.

ASTVF Returns

Putting it all together, a $1.97 estimated gross gain per share shows up by adding Austervoll’s annual $0.42 dividend to an estimated $1.55 annual gross price gain, totaling that $1.97 gross gain amount.

A little over $1000 buys 108 shares at Friday’s $9.30 share price.

So, a $10 broker fee (if charged), collected half at purchase and half at sale, might take about $0.09 per share out of the $1.97 gross-gain to give us a $1.88 net amount per share to multiply by 108 shares. That result comes to $203.04 for about a 20% estimated net gain in the coming year.

Furthermore, $45.70 in annual dividend income from your $1,000 investment in Austervoll Seafood is near 5 times greater than the $9.30 single-share price. By these numbers, ASTVF could be considered an ideal dividend dog by my dogcatcher standards.

Therefore, you may choose to pounce on ASTVF as an 43 year-old annual dividend-paying Norwegian Seafoods company with a 10-year  dividend payment record.

The exact track of ASTVF’s 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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