Every New York stock exchange trading day I'm posting a daily dividend stock or fund review. I'll share the three chief qualities of just one equity or fund that could be selected for a dividend stock portfolio I've named the Safari to Sweet Success.

This week my Safari portfolio has room for a company in the communication services sector.

That sector has companies that connect us electronically through either of two industries: telecommunications, or pay TV. 

Today I'm reviewing another telecom services company named Telenor ASA. Its trading ticker symbol is TELNF. 

Telenor ASA is engaged in researching, developing, and providing telecommunications, information and media services. Telenor’s services include mobile communication, fixed line communication and broadcasting.

Telenor ASA was founded in 1885 and is headquartered in Fornebu, Norway.

I use three primary keys to gauge dividend equities or funds like Telenor ASA (TELNF ): 

(1) Price

(2) Dividends

(3) Returns

TELNF Price

Telenor's price at yesterday's market close was $23.41 per share. The company has made money for investors. A year ago its price was $15.85. Meaning it gained  $7.56 per share in the past year.  If TELNF does the same in 2018 to 2019 its price will increase from that $23.41 to $30.97 per share or about 32%.

TELNY Dividends

Telenor's most recent variable semi-annual dividend was $0.4276 declared in February and paid out November 7th.  

The annual dividend for 2018 is estimated as $0.86 payable in May and November in somewhat equal portions, depending on exchange rates.

The yield from that $0.86 dividend will be 3.7% at yesterday's $23.41 price.

Gains For TELNY?

Adding the $0.86 dividend to my $7.56 estimated year over year price gain shows a potential $8.42 gross gain for the coming year.  

Now we'll subtract the cost to trade Telenor (TELNF) shares. 

A  $1,000.00 invested at yesterday's $23.41 price bought 43 shares. 

Those 43 shares will be hit with a broker fee of $5 at purchase and another $5 at sale for a per share cost of about $0.2325 per share

Subtracting that $0.2325 brokerage cost from the estimated $8.42 gross leaves a net gain to 2019 of $8.1875 X 43 shares = $352.06 or a 35% net gain on a $1,006.63 investment.

Therefore, Telenor ASA (whose ticker symbol is TELNF), shows a possible 35% gain by my simple year over year calculation with a 3.7% dividend included. 

No analysts cover this stock but its price trajectory over the past five years has been mostly horizontal with a big dip in 2016 to 17.

These forward-looking numbers are conjecture based on past year performance. The actual results remain to be seen.  They could turn out to prove to be far lower. More study is required for you to determine if Telenor ASA (TELNF) is worth your time and money.