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NASDAQ: TRMD
Torm PLC Stock Dividend Yield & Dates

TRMD dividend stability and growth

Last Dividend per share
$1.8000
Forward Dividend yield
19.98%
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
18.17%
Industry
6.13%
TRMD dividends (18.17%) are in... subscribe to Premium to read more.
Top 75% Dividend Dividend
TRMD dividends (18.17%) are in... subscribe to Premium to read more.
Top 25% Dividend Dividend

TRMD dividend payout ratio

Torm PLC paid out 75% of its earnings over the trailing twelve months.
Retained earnings
25%
Payout ratio
75%
TRMD earnings ($681.30M) 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
TRMD18.17%No2+75.00%
GLNG3.18%No1-227.30%
CMBT7.74%No8+32.90%
STNG2.29%No1+10.50%
PAGP1.45%No3+32.70%

TRMD dividend dates

Last dividend payment date
Sep 11, 2024
Last ex-dividend date
Aug 29, 2024

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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 2024-09-11, when Torm shareholders who owned TRMD shares before 2024-08-29 received a dividend payment of $1.8000 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?

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

Does Torm have sufficient earnings to cover their dividend?

Yes, TRMD's past year earnings per share was $7.76, and their annual dividend per share is $6.12. TRMD's dividend payout ratio is 75%, which is sustainable.

How much is Torm's dividend?

TRMD pays a dividend of $6.12 per share. TRMD's annual dividend yield is 18.17%. Torm's dividend is higher than the US industry average of 6.13%, and it is higher than the US market average of 3.68%.

What is Torm's Ex-Dividend Date?

Torm's previous ex-dividend date was on 2024-08-29. Torm shareholders who own TRMD stock before this date received Torm's last dividend payment of $1.8000 per share on 2024-09-11. 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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