TRMK Trustmark dividend history, payout ratio & dates
Trustmark's most recent dividend of $0.23 per share was on Aug 30, 2024 (ex-date). The annualized payout of $0.92 per share represents a current dividend yield of 2.41%.
Key dates
- TRMK last dividend date: Aug 30, 2024
TRMK dividend stats
vs. Financial Services sector
Dividend yield
Trustmark's dividend yield of 2.41% is below the Financial Services sector, the industry and its peers average. In comparison with its Financial Services sector average of 2.58%, Trustmark's dividend yield is 7% lower. The historical 5-year average of TRMK's dividend yield is 3.3%, which is higher than the current yield.
Dividend history
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 70% from a year ago, the dividend yield has decreased by 41%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Aug 30, 2024 | $0.23 | 2.76% |
| May 31, 2024 | $0.23 | 3.16% |
| Feb 29, 2024 | $0.23 | 3.43% |
| Nov 30, 2023 | $0.23 | 4.02% |
| Aug 31, 2023 | $0.23 | 3.99% |
| May 31, 2023 | $0.23 | 4.41% |
| Feb 28, 2023 | $0.23 | 3.13% |
| Nov 30, 2022 | $0.23 | 2.52% |
| Aug 31, 2022 | $0.23 | 2.92% |
| May 31, 2022 | $0.23 | 3.16% |
| Feb 28, 2022 | $0.23 | 2.92% |
| Nov 30, 2021 | $0.23 | 3.01% |
| Aug 31, 2021 | $0.23 | 2.91% |
| May 28, 2021 | $0.23 | 2.74% |
| Feb 26, 2021 | $0.23 | 3.05% |
| Nov 30, 2020 | $0.23 | 3.71% |
| Aug 31, 2020 | $0.23 | 3.92% |
| May 29, 2020 | $0.23 | 3.87% |
| Feb 27, 2020 | $0.23 | 3.25% |
| Nov 27, 2019 | $0.23 | 2.67% |
| Aug 29, 2019 | $0.23 | 2.79% |
| May 30, 2019 | $0.23 | 2.85% |
| Feb 28, 2019 | $0.23 | 2.59% |
| Nov 29, 2018 | $0.23 | 2.89% |
| Aug 30, 2018 | $0.23 | 2.6% |
| May 31, 2018 | $0.23 | 2.86% |
| Feb 28, 2018 | $0.23 | 2.94% |
| Nov 30, 2017 | $0.23 | 2.71% |
| Aug 30, 2017 | $0.23 | 3.1% |
| May 30, 2017 | $0.23 | 2.99% |
| Feb 27, 2017 | $0.23 | 2.74% |
| Nov 29, 2016 | $0.23 | 2.72% |
| Aug 30, 2016 | $0.23 | 3.24% |
| May 27, 2016 | $0.23 | 3.71% |
| Feb 26, 2016 | $0.23 | 4.11% |
| Nov 27, 2015 | $0.23 | 3.65% |
| Aug 28, 2015 | $0.23 | 4.04% |
| May 28, 2015 | $0.23 | 3.81% |
| Feb 25, 2015 | $0.23 | 3.97% |
Trustmark dividend payout ratio
Payout ratio
Trustmark's payout ratio of 27.7% is below the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 44%, Trustmark's payout ratio is 37% lower.
Total amount of dividends paid per financial year (from cash flow)
TRMK dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| RF Regions Financial Corp | 3.63% | $0.97 | 54.8% |
| FHN First Horizon Corp | 2.97% | $0.6 | 43.2% |
| FBMS First Bancshares Inc | 2.71% | $1 | 44.8% |
| TRMK Trustmark Corp | 2.41% | $0.92 | 27.7% |
| RNST Renasant Corp | 2.36% | $0.88 | 28.7% |
| PNFP Pinnacle Financial Partners Inc | 0.72% | $0.88 | 16.6% |
Frequently asked questions
Does Trustmark pay a dividend?
Yes, Trustmark has been paying dividends for the last 30 years.
When was TRMK's last dividend?
Trustmark's last dividend ex-date was on Aug 30, 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 2.41%.
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 27.7%.
Does Trustmark pay a good dividend?
Trustmark's dividend yield is lower than the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.