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TM Editors' note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.

Leroy Seafood Group ASA (LYSFY) is a seafood producer originally from Norway.

The company's core activities are global distribution, sale, and marketing of seafood, processed seafood, salmon, fjord trout, cod, saithe, mackerel, herring, sushi, shellfish, and other species.

Leroy Seafood Group serves hotels, restaurants, and retail segments with fresh, frozen, smoked, and marinated seafood products.

Its main brands are Aurora Salmon, Artic Supreme, Fossen Fjord Fish, Leroj Fjord Trout, Leroy Sushi, and Leroy King Crab.

The company was founded in 1899 and is headquartered in Bergen, Norway.

Lerøy Seafood Group ASA is a subsidiary of Austevoll Seafood ASA.

Three key data points gauge Leroy Seafood 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.

LYSFY Price

Leroy’s price grew about 5.4% in the past year from $9.15 to $9.64 as of Wednesday’s market close.

In the past 3 years, the company’s share price has ranged from $7.60 to $18.11. But the all-time high share price reached $18.60 on May 10th, 2021.

Should LYSFY share price realize a $0.51 price gain in the coming year,  its share price might grow to $10.10.

LYSFY Dividends

Leroy Seafood has paid variable annual dividends since June 2016.

The company’s most recent dividend of $0.47 was declared May 13th for shareholders of record prior to May 30th, and the dividend was paid June 20th.

The forward-looking annual dividend of $0.47 yields 4.88% per Wednesday’s closing price.

LYSFY Returns

Putting it all together, a $0.99 estimated gross gain per share shows up by adding Leroy’s annual $0.47 dividend to an estimated $0.52 annual price gain, totaling that $0.99 gross gain amount.

A little over $1000 buys 102 shares at Wednesday’s $9.64 share price.

So, a $10 broker fee (if charged), collected half at purchase and half at sale, might take about $0.10 per share out of the $0.99 gross gain to give us a $0.89 net amount per share to multiply by 101 shares.

That result comes to $89.89 for about a 9% estimated net gain in the coming year.

Furthermore, $48.80 in annual dividend income from your $1,000 investment in Leroy Seafood Group is over 5 times greater than the $9.64 single-share price.

By these numbers, LYSFY could be considered an ideal dividend dog by my dogcatcher standards.

Therefore, you may choose to pounce on LYSFY as a 126-year-old annual dividend-paying Norwegian seafood company with a 9-year  dividend payment record.

The exact track of LYSFY’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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