TORM PLC Class A Stock Dividends
TORM PLC Class A Stock Dividends Overview
TRMD pays dividends quarterly. Last paid amount was $1.50 at Jun 04, 2024. As of today, dividend yield (TTM) is 18.42%.
Dividend Yield Range
AI Analysis of TRMD
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 18.42% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | $1.50 |
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TORM PLC Class A has not yet announced its next dividend date. Last payment date was: Jun 04, 2024.
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TRMD Dividend Payout History
To ensure a understanding of TRMD's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 21, 2024 | May 21, 2024 | Jun 04, 2024 | $1.50 | 4.18% |
| 2 | Mar 07, 2024 | Apr 15, 2024 | Apr 24, 2024 | $0.99 | 2.97% |
| 3 | Nov 09, 2023 | Nov 21, 2023 | Dec 05, 2023 | $1.46 | 5.32% |
| 4 | Aug 28, 2023 | Aug 28, 2023 | Sep 12, 2023 | $1.50 | 5.95% |
| 5 | May 11, 2023 | May 22, 2023 | Jun 06, 2023 | $1.46 | 6.13% |
| 6 | Mar 16, 2023 | Mar 24, 2023 | Apr 05, 2023 | $2.59 | 8.79% |
| 7 | Nov 10, 2022 | Nov 22, 2022 | Dec 08, 2022 | $1.46 | 5.23% |
| 8 | Aug 19, 2022 | Aug 31, 2022 | Sep 16, 2022 | $0.580 | 2.68% |
| 9 | Jan 01, 1900 | Aug 26, 2020 | Jan 01, 1900 | $0.85 | 0% |
| 10 | Mar 11, 2020 | Apr 17, 2020 | May 06, 2020 | $0.100 | 1.31% |
Dividend Sustainability
The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.
Sustainability score
Growth potential
TRMD Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from TRMD dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in TRMD stock here.
Comparing TRMD to Sector and Country
TRMD pays a solid dividend yield of 18.42%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.62%). TRMD’s dividend yield is higher than the average of the top 25% of dividend payers in the Energy sector in the US market (12.17%).
TRMD Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| TORM PLC Class A | 3.516B | $1.50 | 18.42% | 83.31% | |
| Alliance Resource | 3.075B | $0.700 | 16.79% | 60.95% | |
| Dorchester Minerals | 1.259B | $0.780 | 11.12% | 136.47% | |
| Dynamic Materials Corporation | 284.945M | $0.125 | 0% | - |
