Trustmark's most recent quarterly dividend of $0.23 per share was on Aug 31, 2023 (ex-date). The annualized payout of $0.92 per share represents a current dividend yield of 4.38%.
Trustmark's dividend yield of 4.38% is above the Financial Services sector, the industry and its peers average. In comparison with its Financial Services sector average of 3.79%, Trustmark's dividend yield is 16% higher. The historical 5-year average of TRMK's dividend yield is 3.2%, which is lower than the current yield.
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 down by 34% from a year ago, the dividend yield has increased by 51%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| 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's payout ratio of 54.4% is above the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 33.4%, Trustmark's payout ratio is 63% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| FHN First Horizon Corp | 5.46% | $0.6 | 30% |
| RF Regions Financial Corp | 4.96% | $0.84 | 35.7% |
| TRMK Trustmark Corp | 4.38% | $0.92 | 54.4% |
| RNST Renasant Corp | 3.5% | $0.88 | 29.4% |
| FBMS First Bancshares Inc | 3.23% | $0.86 | 33.5% |
Yes, Trustmark has been paying dividends for the last 29 years.
Currently TRMK's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in November 2023.
Trustmark's last dividend ex-date was on Aug 31, 2023. The dividend amount was $0.23 per share.
TRMK's annualized dividend per share is $0.92.
The current dividend yield of Trustmark is 4.38%.
Trustmark has a quarterly dividend frequency.
Trustmark's dividend payout ratio is 54.4%.
Trustmark's dividend yield is higher than the Financial Services sector average.