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TRMK Trustmark dividend history, payout ratio & dates

Trustmark's most recent quarterly dividend of $0.23 per share was on Feb 29, 2024 (ex-date). The annualized payout of $0.92 per share represents a current dividend yield of 3.34%.

Key dates

  • TRMK last dividend date: Feb 29, 2024
  • TRMK next dividend date: Not announced
TRMK dividend stats
DPS
$0.92
Dividend yield
3.18%
Payout ratio
33.9%
vs. Financial Services sector
Dividend yield
3.38%
Payout ratio
39.5%

Dividend yield

What is Trustmark current dividend yield

Trustmark's dividend yield of 3.34% is above its peers average but below the Financial Services sector and the industry average. But in comparison with its Financial Services sector average of 3.38%, Trustmark's dividend yield is only 1.2% lower. The historical 5-year average of TRMK's dividend yield is 3.3%, which is similar to the current yield.

Dividend history

What is TRMK dividend payout history and dates

Trustmark has a history of paying dividends since 1994. Our records of TRMK show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has not changed for the last year. But since the stock price has gone up by 17% from a year ago, the dividend yield has decreased by 14%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Feb 29, 2024 Mar 15, 2024 Jan 23, 2024 $0.23 normal
Nov 30, 2023 Dec 15, 2023 Oct 24, 2023 $0.23 normal
Aug 31, 2023 Sep 15, 2023 Jul 25, 2023 $0.23 normal
May 31, 2023 Jun 15, 2023 Apr 25, 2023 $0.23 normal
Feb 28, 2023 Mar 15, 2023 Jan 24, 2023 $0.23 normal
Nov 30, 2022 Dec 15, 2022 Oct 25, 2022 $0.23 normal
Aug 31, 2022 Sep 15, 2022 Jul 26, 2022 $0.23 normal
May 31, 2022 Jun 15, 2022 Apr 26, 2022 $0.23 normal
Feb 28, 2022 Mar 15, 2022 Jan 25, 2022 $0.23 normal
Nov 30, 2021 Dec 15, 2021 Oct 26, 2021 $0.23 normal
Aug 31, 2021 Sep 15, 2021 Jul 27, 2021 $0.23 normal
May 28, 2021 Jun 15, 2021 Apr 27, 2021 $0.23 normal
Feb 26, 2021 Mar 15, 2021 Jan 26, 2021 $0.23 normal
Nov 30, 2020 Dec 15, 2020 Oct 27, 2020 $0.23 normal
Aug 31, 2020 Sep 15, 2020 Jul 28, 2020 $0.23 normal
May 29, 2020 Jun 15, 2020 Apr 28, 2020 $0.23 normal
Feb 27, 2020 Mar 15, 2020 Jan 28, 2020 $0.23 normal
Nov 27, 2019 Dec 15, 2019 Oct 22, 2019 $0.23 normal
Aug 29, 2019 Sep 15, 2019 Jul 23, 2019 $0.23 normal
May 30, 2019 Jun 15, 2019 Apr 23, 2019 $0.23 normal
Feb 28, 2019 Mar 15, 2019 Jan 23, 2019 $0.23 normal
Nov 29, 2018 Dec 15, 2018 Oct 23, 2018 $0.23 normal
Aug 30, 2018 Sep 15, 2018 Jul 24, 2018 $0.23 normal
May 31, 2018 Jun 15, 2018 Apr 24, 2018 $0.23 normal
Feb 28, 2018 Mar 15, 2018 Jan 23, 2018 $0.23 normal
Nov 30, 2017 Dec 15, 2017 Oct 24, 2017 $0.23 normal
Aug 30, 2017 Sep 15, 2017 Jul 25, 2017 $0.23 normal
May 30, 2017 Jun 15, 2017 Apr 25, 2017 $0.23 normal
Feb 27, 2017 Mar 15, 2017 Jan 24, 2017 $0.23 normal
Nov 29, 2016 Dec 15, 2016 Oct 25, 2016 $0.23 normal
Aug 30, 2016 Sep 15, 2016 Jul 26, 2016 $0.23 normal
May 27, 2016 Jun 15, 2016 Apr 26, 2016 $0.23 normal

Trustmark dividend payout ratio

What is Trustmark dividend payout ratio compared to the sector

Payout ratio

Trustmark's payout ratio of 33.9% is above its peers average but below the Financial Services sector and the industry average. Compared to its Financial Services sector average of 39.5%, Trustmark's payout ratio is 14% lower.

Total amount of dividends paid per financial year (from cash flow)

TRMK dividend vs peer dividends

How does TRMK dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
RF Regions Financial Corp 4.7% $0.92 43.6%
FHN First Horizon Corp 4.03% $0.6 38%
FBMS First Bancshares Inc 3.75% $0.94 39%
TRMK Trustmark Corp 3.18% $0.92 33.9%
RNST Renasant Corp 2.95% $0.88 34.1%

Frequently asked questions

Does Trustmark pay a dividend?

Yes, Trustmark has been paying dividends for the last 30 years.

When is Trustmark's next dividend?

Currently TRMK's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in May 2024.

When was TRMK's last dividend?

Trustmark's last dividend ex-date was on Feb 29, 2024. The dividend amount was $0.23 per share.

How much dividend does Trustmark pay (per share)?

TRMK's annualized dividend per share is $0.92.

What is Trustmark's dividend yield?

The current dividend yield of Trustmark is 3.34%.

How often does Trustmark pay dividends?

Trustmark has a quarterly dividend frequency.

What is Trustmark's dividend payout ratio?

Trustmark's dividend payout ratio is 33.9%.

Does Trustmark pay a good dividend?

Trustmark's dividend yield is similar to the Financial Services sector average.