TORM (TRMD) Dividend Yield, Date & History

$36.91
+0.69 (+1.91%)
(As of 05/13/2024 ET)

Dividend Summary

Dividend Yield
10.76%
Annual Dividend
$3.97
Annualized 3-Year
Dividend Growth
102.04%
Dividend Payout Ratio
53.22%
Next
Dividend Payment
Jun. 4
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TRMD Dividend Yield Over Time

TORM vs. The Competition

TypeTORMTransportation CompaniesNASDAQ Companies
Annual Dividend$3.97$1.68$1.24
Dividend Yield10.81%367.36%393.41%
Annualized 3-Year Dividend Growth102.04%2,636.70%1,378.66%

TORM Dividend Payout Ratio

TypePayout Ratio
Based on Trailing 12 Months of Earnings53.22%
Based on This Year's Estimates54.01%
Based on Next Year's Estimates78.30%
Based on Cashflow42.83%

TORM Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/8/2024quarterly$1.5016%5/21/20245/22/20246/4/2024
3/7/2024quarterly$1.3617.1%4/15/20244/16/20244/24/2024
11/10/2023quarterly$1.4622.5%11/21/202311/22/202312/5/2023
8/17/2023Quarterly$1.5025.4%8/28/20238/29/20239/12/2023
5/11/2023quarterly$1.4616.7%5/22/20235/23/20236/6/2023
3/16/2023Quarterly$1.891022.33%3/24/20233/27/20234/5/2023
11/10/2022quarterly$1.4620.95%11/22/202211/23/202212/8/2022
8/19/2022--$0.588/31/20229/1/20229/16/2022
8/18/2020semi-annual$0.851.3%8/26/20208/27/20209/10/2020
4/28/2020--$0.105/1/20205/4/20205/15/2020
3/11/2020$0.104/16/20204/20/20205/6/2020
1/1/1900$0.858/26/20201/1/19001/1/1900
(Data available from 1/1/2013 forward)

TORM Dividend - Frequently Asked Questions

What is TORM's dividend yield?

The current dividend yield for TORM is 10.76%. Learn more on TRMD's dividend yield history.

How much is TORM's annual dividend?

The annual dividend for TRMD shares is $3.97. Learn more on TRMD's annual dividend history.

How often does TORM pay dividends?

TORM pays quarterly dividends to shareholders.

When is TORM's next dividend payment?

TORM's next quarterly dividend payment of $1.50 per share will be made to shareholders on Tuesday, June 4, 2024.

When was TORM's most recent dividend payment?

TORM's most recent quarterly dividend payment of $1.36 per share was made to shareholders on Wednesday, April 24, 2024.

When is TORM's ex-dividend date?

TORM's next ex-dividend date is Tuesday, May 21, 2024.

When was TORM's most recent ex-dividend date?

TORM's most recent ex-dividend date was Monday, April 15, 2024.

Is TORM's dividend growing?

Over the past three years, the company's dividend has grown by an average of 102.04% per year.

When did TORM last increase or decrease its dividend?

The most recent change in the company's dividend was an increase of $0.14 on Wednesday, May 8, 2024.

What is TORM's dividend payout ratio?
The dividend payout ratio for TRMD is:
  • 53.22% based on the trailing year of earnings
  • 54.01% based on this year's estimates
  • 78.30% based on next year's estimates
  • 42.59% based on cash flow
This page (NASDAQ:TRMD) was last updated on 5/13/2024 by MarketBeat.com Staff

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