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NASDAQ: TRMD
Torm PLC Stock Dividend Yield & Dates

OverviewForecastEarningsDividend
Ownership

TRMD dividend stability and growth

Last Dividend per share
$1.4600
Forward Dividend yield
18.34%

TRMD dividend yield vs industry/market

Company
25.81%
Industry
7.01%
TRMD dividends (25.81%) are in... subscribe to Premium to read more.
Top 75% Dividend Dividend
TRMD dividends (25.81%) are in... subscribe to Premium to read more.
Top 25% Dividend Dividend

TRMD dividend payout ratio

Torm PLC paid out 83.6% of its earnings over the trailing twelve months.
Retained earnings
16.4%
Payout ratio
83.6%
TRMD earnings ($691.95M) are sufficient... subscribe to Premium to read more.
Dividend Payout Ratio Dividend

TRMD vs Oil & Gas Midstream Stocks

TickerDiv. YieldStable?Drop Count (L10Y)Payout Ratio
TRMD25.81%2+83.60%
GLNG3.56%No10.00%
NS8.37%No2+307.70%
INSW11.33%3+47.10%
STNG1.94%No1+6.30%
View Top Oil & Gas Midstream Stocks

TRMD dividend dates

Last dividend payment date
Dec 5, 2023
Last ex-dividend date
Nov 21, 2023

Be the first to know when TRMD increases or cuts their dividend.

Torm Dividends FAQ

Does Torm pay a dividend?

Yes, TRMD has paid a dividend within the past 3 months.


If you're new to stock investing, here's how to buy Torm stock.

What is Torm's Dividend Payment Date?

Torm's last dividend payment date was on 2023-12-05, when Torm shareholders who owned TRMD shares before 2023-11-21 received a dividend payment of $1.4600 per share. Torm's next dividend payment date has not been announced yet. Add TRMD to your watchlist to be reminded of TRMD's next dividend payment.

Is Torm's dividend stable?

TRMD has less than 10 year of dividend history, so we cannot evaluate if TRMD's dividend has long-term stability.

Does Torm have sufficient earnings to cover their dividend?

Yes, TRMD's past year earnings per share was $8.39, and their annual dividend per share is $7.01. TRMD's dividend payout ratio is 83.6%, which is sustainable.

How much is Torm's dividend?

TRMD pays a dividend of $7.01 per share. TRMD's annual dividend yield is 25.81%. Torm's dividend is higher than the US industry average of 7.01%, and it is higher than the US market average of 4.25%.

What is Torm's Ex-Dividend Date?

Torm's previous ex-dividend date was on 2023-11-21. Torm shareholders who own TRMD stock before this date received Torm's last dividend payment of $1.4600 per share on 2023-12-05. Torm's next ex-dividend date has not been announced yet. Add TRMD to your watchlist to be reminded before TRMD's ex-dividend date.

Is Torm's dividend showing long-term growth?

TRMD has less than 10 years of dividend history, so we cannot evaluate if TRMD's' dividend has demonstrated long-term growth.
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