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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 29.85%. 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
DPS
$5.86
Dividend yield
29.85%
Payout ratio
75.5%
vs. Energy sector
Dividend yield
4.25%
Payout ratio
57.3%

Dividend yield

What is Torm current dividend yield

TRMD has a dividend yield of 29.85% which is above the Energy sector and the industry average. Compared to its Energy sector average of 4.25%, Torm's dividend yield is 602% higher.

Dividend history

What is TRMD dividend payout history and dates

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 27% from a year ago, the dividend yield has an increase of 14%.

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

What is Torm dividend payout ratio compared to the sector

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 57.3%, Torm's payout ratio is 32% 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 29.85%.

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.