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Israel's finance minister blasts Moody's downgrade of the the country's credit rating
Obama’s 2024 Confession (Ad)
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3 stocks set to benefit from record Valentine's Day spending
Tradeweb is a disruptive pure play on financial market liquidity
S&P 500   5,026.61
DOW   38,671.69
QQQ   437.05
Israel's finance minister blasts Moody's downgrade of the the country's credit rating
Obama’s 2024 Confession (Ad)
FMC stock just set a new ceiling higher, 50% higher indeed
Mardi Gras beads are creating a plastic disaster in New Orleans. Are there green alternatives?
New Trump Bombshell (Ad)
Super Bowl Live Updates | 49ers are Super Bowl favorites in 2025
Airbnb stock bulls just went all in before earnings
Biden Out, _______ In? (Ad)
3 stocks set to benefit from record Valentine's Day spending
Tradeweb is a disruptive pure play on financial market liquidity
S&P 500   5,026.61
DOW   38,671.69
QQQ   437.05
Israel's finance minister blasts Moody's downgrade of the the country's credit rating
Obama’s 2024 Confession (Ad)
FMC stock just set a new ceiling higher, 50% higher indeed
Mardi Gras beads are creating a plastic disaster in New Orleans. Are there green alternatives?
New Trump Bombshell (Ad)
Super Bowl Live Updates | 49ers are Super Bowl favorites in 2025
Airbnb stock bulls just went all in before earnings
Biden Out, _______ In? (Ad)
3 stocks set to benefit from record Valentine's Day spending
Tradeweb is a disruptive pure play on financial market liquidity
S&P 500   5,026.61
DOW   38,671.69
QQQ   437.05
Israel's finance minister blasts Moody's downgrade of the the country's credit rating
Obama’s 2024 Confession (Ad)
FMC stock just set a new ceiling higher, 50% higher indeed
Mardi Gras beads are creating a plastic disaster in New Orleans. Are there green alternatives?
New Trump Bombshell (Ad)
Super Bowl Live Updates | 49ers are Super Bowl favorites in 2025
Airbnb stock bulls just went all in before earnings
Biden Out, _______ In? (Ad)
3 stocks set to benefit from record Valentine's Day spending
Tradeweb is a disruptive pure play on financial market liquidity

TORM (TRMD) Dividend Yield, Date & History

$33.58
-0.05 (-0.15%)
(As of 02/9/2024 08:57 PM ET)

Dividend Summary

Dividend Yield
12.69%
Annual Dividend
$4.26
Annualized 3-Year
Dividend Growth
94.68%
Dividend Payout Ratio
52.66%
Recent
Dividend Payment
Dec. 5
Skip Charts & View Dividend History

TRMD Dividend Yield Over Time


TORM vs. The Competition

TypeTORMTransportation CompaniesNASDAQ Companies
Annual Dividend$4.26$1.49$1.22
Dividend Yield12.69%448.08%386.68%
Annualized 3-Year Dividend Growth94.68%2,382.75%1,389.56%

TORM Dividend Payout Ratio

TypePayout Ratio
Based on Trailing 12 Months of Earnings52.66%
Based on Cashflow50.49%

TORM Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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 12.69%. Learn more on TRMD's dividend yield history.

How much is TORM's annual dividend?

The annual dividend for TRMD shares is $4.26. Learn more on TRMD's annual dividend history.

How often does TORM pay dividends?

TORM pays annually dividends to shareholders.

When was TORM's most recent dividend payment?

TORM's most recent annually dividend payment of $1.46 per share was made to shareholders on Tuesday, December 5, 2023.

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

TORM's most recent ex-dividend date was Tuesday, November 21, 2023.

Is TORM's dividend growing?

Over the past three years, the company's dividend has grown by an average of 94.68% per year.

When did TORM last increase or decrease its dividend?

The most recent change in the company's dividend was a decrease of $0.04 on Friday, November 10, 2023.

What is TORM's dividend payout ratio?
The dividend payout ratio for TRMD is:
  • 52.66% based on the trailing year of earnings
  • 50.49% based on cash flow

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This page (NASDAQ:TRMD) was last updated on 2/12/2024 by MarketBeat.com Staff

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