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TGS ASA (OSL:TGS) 3-Year Dividend Growth Rate : -3.60% (As of Dec. 2023)


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What is TGS ASA 3-Year Dividend Growth Rate?

TGS ASA's Dividends per Share for the three months ended in Dec. 2023 was kr1.48.

The historical rank and industry rank for TGS ASA's 3-Year Dividend Growth Rate or its related term are showing as below:

OSL:TGS' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -21.6   Med: -3.6   Max: 46.5
Current: -3.6

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of TGS ASA was 46.50% per year. The lowest was -21.60% per year. And the median was -3.60% per year.

OSL:TGS's 3-Year Dividend Growth Rate is ranked worse than
83.44% of 302 companies
in the Oil & Gas industry
Industry Median: 14.75 vs OSL:TGS: -3.60

During the past 12 months, TGS ASA's average Dividends Per Share Growth Rate was 3.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -3.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -7.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -4.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

TGS ASA's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00. As of today, TGS ASA's Dividend Yield % is 4.70%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of TGS ASA is 2.61, which seems too high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of TGS ASA's 3-Year Dividend Growth Rate

For the Oil & Gas Equipment & Services subindustry, TGS ASA's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


TGS ASA's 3-Year Dividend Growth Rate Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, TGS ASA's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where TGS ASA's 3-Year Dividend Growth Rate falls into.



TGS ASA 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


TGS ASA  (OSL:TGS) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

TGS ASA's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=1.477/ -0.761
=N/A

During the past 13 years, the highest Dividend Payout Ratio of TGS ASA was 98.47. The lowest was 0.46. And the median was 0.81.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of TGS ASA is 2.61, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

TGS ASA Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
NOK 1.4702024-02-222024-02-232024-03-07Cash DividendquarterlyNOK:NOK 1.000000
NOK 1.5602023-11-022023-11-032023-11-16Cash DividendquarterlyNOK:NOK 1.000000
NOK 1.4102023-07-272023-07-282023-08-10Cash DividendquarterlyNOK:NOK 1.000000
NOK 1.4802023-05-222023-05-232023-06-05Cash DividendquarterlyNOK:NOK 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

TGS ASA's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=5.92/125.90
=4.70 %

Current Share Price is kr125.90.
TGS ASA's Dividends per Share for the trailing twelve months (TTM) ended in Today is kr5.92.

During the past 13 years, the highest Dividend Yield of TGS ASA was 9.79%. The lowest was 1.61%. And the median was 4.03%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


TGS ASA 3-Year Dividend Growth Rate Related Terms>


TGS ASA (OSL:TGS) Business Description

Industry
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Address
Askekroken 11, Oslo, NOR, 0277
TGS ASA provides geoscientific data products and services to the oil and gas industry to assist with licensing rounds and the preparation of regional data programs. It invests in multiclient data projects in frontier, emerging, and mature markets worldwide to develop a library of seismic imaging, well data, and interpretive products and services. Reportable segments are Western Hemisphere, Eastern Hemisphere, Digital Energy Solutions, Data Acquisition and Others. The company offers interpretation studies and services that integrate seismic, well logs, biostratigraphic data, core data and other geoscientific data to create basin-wide regional frameworks. TGS' geoscientists also contract consulting work in geology, geophysics, and petrophysics. Majority revenue comes from Latin America.