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TM Editor's Note: This article discusses one or more penny stocks and/or microcaps. Such stocks are easily manipulated; do your own careful due diligence.
 

Austevoll Seafood (ASTVF) was incorporated in 1981 and is based in Storebø, Norway.

As ,a fishery and seafood company it owns and operates vessels, fishmeal plants, canning plants, freezing plants, salmon farming, marketing and sales.

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

Austevoll Seafood ASA is a subsidiary of Laco AS.

Three key data points gauge ASTVF or any dividend paying entity, namely:

(1) Price

(2) Dividends

(3) Returns

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

ASTVF Price

Austevoll Seafood share price rose 23.6% from $8.30 to $9.20 in the past year.

That $0.90 private gas is more than double the ten year average of $0.40.

ASTVF Dividends

Austevoll Seafood has paid variable annual dividends since June, 2015.

The current forward looking annual dividend of $0.64 yields 6.98% per Friday’s $9.20 closing price.

ASTVF Returns

Putting it all together, a $1.24 estimated gross gain per share shows up when adding Austevoll Seafood annual $0.64 dividend to an estimated $0.60 annual price gain.

A little over $1000 invested at the recent $9.20 share price would buy 109 shares which, multiply the $1.24 gross gain to an estimated $134.78 for the coming year.

Furthermore, about 52% of that $135.00 gain comes from the $69.80 in annual dividends generated from a $1,000 investment.

Besides, the $69.80 annual dividend from your $1k investment near 7.6 times more the recent $9.20 single-share price.

(A dividend dogcatcher rule is to only buy a stock that pays an annual dividend from $1000 invested that is greater than the cost of a single share.)

Therefore, you may choose to pounce on ASTVF to get that $60.80 annual dividend income that has been paid out over the  past 10 years.

The exact track of ASTVF’s future share price and dividends 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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