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 3.13%.
Trustmark's dividend yield of 3.13% is below the Financial Services sector, the industry and its peers average. In comparison with its Financial Services sector average of 3.36%, Trustmark's dividend yield is 7% lower. The historical 5-year average of TRMK's dividend yield is 3.3%, which is similar to 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 up by 24% from a year ago, the dividend yield has decreased by 19%.
| 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'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 39.6%, Trustmark's payout ratio is 14% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| RF Regions Financial Corp | 4.65% | $0.92 | 43.6% |
| FHN First Horizon Corp | 4.02% | $0.6 | 38% |
| FBMS First Bancshares Inc | 3.72% | $0.94 | 39% |
| TRMK Trustmark Corp | 3.13% | $0.92 | 33.9% |
| RNST Renasant Corp | 2.87% | $0.88 | 34.1% |
Yes, Trustmark has been paying dividends for the last 30 years.
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.
Trustmark's last dividend ex-date was on Feb 29, 2024. The dividend amount was $0.23 per share.
TRMK's annualized dividend per share is $0.92.
The current dividend yield of Trustmark is 3.13%.
Trustmark has a quarterly dividend frequency.
Trustmark's dividend payout ratio is 33.9%.
Trustmark's dividend yield is lower than the Financial Services sector average.