Tgs Asa (OTCMKTS:TGSGY) to Issue $0.09 Dividend

Tgs Asa (OTCMKTS:TGSGY – Get Rating) announced a dividend on Tuesday, May 23rd, investing.com reports. Stockholders of record on Monday, May 29th will be paid a dividend of 0.0907 per share on Thursday, June 15th. This represents a dividend yield of 2.5%. The ex-dividend date of this dividend is Friday, May 26th.

Tgs Asa Stock Performance

OTCMKTS TGSGY opened at $15.35 on Thursday. Tgs Asa has a 52-week low of $11.84 and a 52-week high of $19.69. The company has a 50-day simple moving average of $15.80 and a 200 day simple moving average of $15.01.

Wall Street Analysts Forecast Growth

TGSGY has been the topic of several analyst reports. DNB Markets raised shares of Tgs Asa from a “hold” rating to a “buy” rating in a research note on Monday, March 27th. Pareto Securities upgraded shares of Tgs Asa from a “hold” rating to a “buy” rating in a research note on Friday, May 12th.

Tgs Asa Company Profile

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TGS ASA engages in the provision of geoscientific data products and services to oil and gas exploration companies. It operates through the following geographical segments: North & South America (NSA), Europe and Russia (EUR), Africal, Middle-East and Asia or Pacific (AMEAP), and Other or Corporate Costs.