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NASDAQ: TRMD
Torm PLC Stock Dividend Yield & Dates

OverviewForecastEarningsDividend
Ownership

TRMD dividend stability and growth

Last Dividend per share
$1.3600
Forward Dividend yield
16.59%
TRMD's dividend has dropped by... subscribe to Premium to read more.
Dividend Stability Dividend
TRMD dividends have increased over... subscribe to Premium to read more.
Consistent Dividend Growth Dividend

TRMD dividend yield vs industry/market

Company
17.97%
Industry
6.12%
TRMD dividends (17.97%) are in... subscribe to Premium to read more.
Top 75% Dividend Dividend
TRMD dividends (17.97%) are in... subscribe to Premium to read more.
Top 25% Dividend Dividend

TRMD dividend payout ratio

Torm PLC paid out 90.5% of its earnings over the trailing twelve months.
Retained earnings
9.5%
Payout ratio
90.5%
TRMD earnings ($648.27M) are insufficient... subscribe to Premium to read more.
Dividend Payout Ratio Dividend

TRMD vs Oil & Gas Midstream Stocks

TickerDiv. YieldStable?Drop Count (L10Y)Payout Ratio
TRMD17.97%No2+90.50%
NS7.39%No2+222.20%
GLNG4.05%No1-227.30%
INSW10.87%No4+55.40%
EURN12.96%No8+49.90%
View Top Oil & Gas Midstream Stocks

TRMD dividend dates

Next dividend payment date
Apr 24, 2024
Last ex-dividend date
Apr 15, 2024

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 next dividend payment date is on 2024-04-24, when Torm shareholders who owned TRMD shares before 2024-04-15 will receive a dividend payment of $1.3600 per share. Add TRMD to your watchlist to be reminded of TRMD's next dividend payment.

Is Torm's dividend stable?

No, TRMD's dividend has not been stable over the last 10 years

Does Torm have sufficient earnings to cover their dividend?

No, TRMD's past year earnings per share was $7.75, and their annual dividend per share is $5.78. TRMD's dividend payout ratio is 90.5%, which is not sustainable.

How much is Torm's dividend?

TRMD pays a dividend of $5.78 per share. TRMD's annual dividend yield is 17.97%. Torm's dividend is higher than the US industry average of 6.12%, and it is higher than the US market average of 4.24%.

What is Torm's Ex-Dividend Date?

Torm's previous ex-dividend date was on 2024-04-15. Torm shareholders who own TRMD stock before this date will receive Torm's next dividend payment of $1.3600 per share on 2024-04-24. 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?

Yes, TRMD's' dividend has been growing over the last 10 years.
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