TRMD Torm dividend history, payout ratio & dates
Torm's latest cash dividend of $1.2 per share was issued to shareholders on record before Nov 21, 2024. The dividend distribution stands at $5.86 per share annually, which comes to a dividend yield of 30.75%. The latest TRMD dividend of $1.2 is a decrease from the previous $1.8 payout, representing a change of -33%.
Key dates
- TRMD last dividend date: Nov 21, 2024
TRMD dividend stats
vs. Energy sector
Dividend yield
TRMD has a dividend yield of 30.75% which is above the Energy sector and the industry average. Compared to its Energy sector average of 4.46%, Torm's dividend yield is 589% higher.
Dividend history
Torm has been paying dividends consistently since 2022. Our records show that TRMD has distributed four dividends in the past year. The annualized dividend per share has a decrease of 16% since twelve months ago. However with the price of the stock down by 41% from a year ago, the dividend yield has an increase of 41%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Nov 21, 2024 | $1.2 | 26.99% |
| Aug 29, 2024 | $1.8 | 16.99% |
| May 21, 2024 | $1.5 | 15.52% |
| Apr 15, 2024 | $1.36 | 17.62% |
| Nov 21, 2023 | $1.46 | 22.01% |
| Aug 28, 2023 | $1.5 | 28.22% |
| May 22, 2023 | $1.46 | 23.01% |
| Mar 24, 2023 | $2.59 | 14.01% |
| Nov 22, 2022 | $1.46 | 7.15% |
| Aug 31, 2022 | $0.58 | 2.96% |
| Aug 26, 2020 | $0.85 | 13.64% |
| May 1, 2020 | $0.1 | 2.43% |
| Apr 17, 2020 | $0.1 | 1.43% |
Torm dividend payout ratio
Payout ratio
TRMD has a payout ratio of 75.5% which is higher than the Energy sector and the industry average. In comparison with the Energy sector average of 56.9%, Torm's payout ratio is 33% higher.
Total amount of dividends paid per financial year (from cash flow)
Frequently asked questions
Does Torm pay a dividend?
Yes, Torm has been paying dividends for the last two years.
When was TRMD's last dividend?
Torm's last regular dividend was on Nov 21, 2024 (ex-date) with the amount of $1.2 per share.
How much dividend does Torm pay (per share)?
TRMD's annualized dividend per share is $5.86.
What is Torm's dividend yield?
Currently Torm's dividend yield is 30.75%.
How often does Torm pay dividends?
Torm has a quarterly dividend frequency.
What is Torm's dividend payout ratio?
Torm's dividend payout ratio is 75.5%.
Does Torm pay a good dividend?
Torm's dividend yield is above the Energy sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.