TGS ASA Announces Exciting New Quarterly Dividend for Investors

Author: Owen Jenkins Updated: 05-09-2025 01:15 AM

TGS ASA Declares Quarterly Dividend

TGS ASA is delighted to announce its latest quarterly dividend, further demonstrating its commitment to enhancing shareholder value. After securing approval from the Annual General Meeting on a designated date, the Board has made the significant decision to distribute this dividend. Each shareholder will receive an amount of USD 0.155 per share, which amounts to the NOK equivalent of 1.59 per share.

Key Details about the Dividend Declaration

Understanding the specifics surrounding the cash dividend is crucial for investors. Here are the essential points regarding the distribution:

Dividend Amount

The dividend amount, declared in USD, is set at 0.155 per share, reflecting a robust commitment to returning value to investors.

Trading Information

It's important for shareholders to be aware of the trading days associated with this dividend. The last trading day before the dividend right is included is approaching quickly on a specified date. Subsequently, the ex-date comes into play, delineating the cutoff for dividend eligibility.

Record and Payment Dates

The record date for this quarterly dividend is established for a specific day, ensuring that all eligible shareholders are acknowledged. Payments are set to be executed promptly, ensuring investors can expect their dividends on time.

The Importance of TGS in the Energy Sector

As an established name in the energy industry, TGS ASA has built its reputation on delivering advanced data and intelligence to enterprises involved in energy production. The company's pioneering technology plays a critical role in supporting the energy value chain. With a focus on providing comprehensive insights, TGS empowers its clients to make informed decisions.

Innovative Solutions from TGS

What sets TGS apart is its extensive energy data library, combined with cutting-edge products designed to enhance exploration and production activities across the globe. The firm's expertise and innovative solutions affirm its position as a trusted ally in energy resource development. Clients benefit from TGS's in-depth knowledge and access to diverse data sources, which are instrumental in navigating the complexities of the energy market.

Frequently Asked Questions

What is the amount of the announced dividend by TGS ASA?

The announced dividend is USD 0.155 per share, equivalent to NOK 1.59 per share.

When is the last day to trade shares with the dividend right?

The last trading day including the dividend right will occur on a specified date.

What is the record date for the dividend?

The record date for receiving the dividend is established for a specific day.

When can shareholders expect the payment of the dividend?

Shareholders can expect the payment of the dividend on a designated date in the coming month.

What role does TGS ASA play in the energy sector?

TGS ASA provides advanced data and intelligence to support companies in the energy sector, helping improve operational decisions.

About The Author

Hi there I'm 38-year-old author and financial consultant Owen Jenkins. Having worked in the financial sector for more than ten years, I am well-versed in the subtleties and complexity that mold our financial environment. Following a degree in finance, I worked in a number of financial institutions honing my abilities in market analysis, financial planning, and investment strategies.

My love is teaching others about investing and personal finance. My goal in writing many books and articles has been to demystify financial ideas and give readers the information they need to make wise financial decisions. I write with a direct, useful style that emphasizes doable suggestions for daily living.

Along with writing, I lead webinars and seminars where I impart knowledge on how to successfully negotiate the financial world. I also write for financial journals and show up as a guest expert on financial news programs a lot. Whether they are new to investing or want to improve their approach, my mission is to enable people to take charge of their financial futures.

Beyond work, I like to hike, play the guitar, and spend time with my family. I think that balance is crucial and want to encourage people to strike a balance between their financial aspirations and their hobbies. I want to help people succeed and achieve financial security through my work, so having a good influence.

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