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TORM (TRMD) Dividend Yield, Date & History

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$24.96
-0.53 (-2.08%)
(As of 11/5/2024 ET)

Dividend Summary

Dividend Yield
21.07%
Annual Dividend
$5.26
Annualized 3-Year
Dividend Growth
102.04%
Dividend Payout Ratio
67.44%
Recent
Dividend Payment
Sep. 11
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TRMD Dividend Payments

TRMD Dividend Yield Over Time

TORM vs. The Competition

TypeTORMTransportation CompaniesNASDAQ Companies
Annual Dividend$5.26$1.49$1.27
Dividend Yield21.22%446.24%402.89%
Annualized 3-Year Dividend Growth102.04%27.72%14.35%

TORM Dividend Payout Ratio

TypePayout Ratio
Based on Trailing 12 Months of Earnings67.44%
Based on This Year's Estimates73.88%
Based on Next Year's Estimates104.57%
Based on Cashflow59.84%

TORM Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/15/2024quarterly$1.8016.3%8/29/20248/29/20249/11/2024
5/8/2024quarterly$1.5016%5/21/20245/22/20246/4/2024
3/7/2024quarterly$1.3617.1%4/15/20244/16/20244/24/2024
11/10/2023quarterly$1.4622.5%11/21/202311/22/202312/5/2023
8/17/2023Quarterly$1.5025.4%8/28/20238/29/20239/12/2023
5/11/2023quarterly$1.4616.7%5/22/20235/23/20236/6/2023
3/16/2023Quarterly$1.891022.33%3/24/20233/27/20234/5/2023
11/10/2022quarterly$1.4620.95%11/22/202211/23/202212/8/2022
8/19/2022--$0.588/31/20229/1/20229/16/2022
8/18/2020semi-annual$0.851.3%8/26/20208/27/20209/10/2020
4/28/2020--$0.105/1/20205/4/20205/15/2020
3/11/2020$0.104/16/20204/20/20205/6/2020
1/1/1900$0.858/26/20201/1/19001/1/1900
(Data available from 1/1/2013 forward)

TORM Dividend - Frequently Asked Questions

What is TORM's dividend yield?

The current dividend yield for TORM is 21.07%. Learn more on TRMD's dividend yield history.

How much is TORM's annual dividend?

The annual dividend for TRMD shares is $5.26. Learn more on TRMD's annual dividend history.

How often does TORM pay dividends?

TORM pays quarterly dividends to shareholders.

When was TORM's most recent dividend payment?

TORM's most recent quarterly dividend payment of $1.80 per share was made to shareholders on Wednesday, September 11, 2024.

When was TORM's most recent ex-dividend date?

TORM's most recent ex-dividend date was Thursday, August 29, 2024.

Is TORM's dividend growing?

Over the past three years, the company's dividend has grown by an average of 102.04% per year.

When did TORM last increase or decrease its dividend?

The most recent change in the company's dividend was an increase of $0.30 on Thursday, August 15, 2024.

What is TORM's dividend payout ratio?
The dividend payout ratio for TRMD is:
  • 67.44% based on the trailing year of earnings
  • 73.88% based on this year's estimates
  • 104.57% based on next year's estimates
  • 59.43% based on cash flow
Is TORM a good dividend stock?

TORM's dividend yield of 20.41% is higher than the average Transportation company that issues a dividend. TRMD has a dividend yield higher than 75% of all dividend-paying stocks 5.4, making it a leading dividend payer. TORM's dividend payout ratio of 67.44% is at a healthy, sustainable level, below 75% of its earnings. However, based on EPS estimates, TRMD will have a less sustainable dividend payout ratio of 104.57% in the coming year.


This page (NASDAQ:TRMD) was last updated on 11/5/2024 by MarketBeat.com Staff
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