TORM Dividend
Dividend criteria checks 3/6
TORM is a dividend paying company with a current yield of 16.68% that is well covered by earnings.
Key information
16.7%
Dividend yield
75%
Payout ratio
Industry average yield | 3.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €6.90 |
Dividend yield forecast in 3Y | 10.9% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1T4 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1T4's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
TORM Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (1T4) | 16.7% |
Market Bottom 25% (DE) | 1.7% |
Market Top 25% (DE) | 4.6% |
Industry Average (Oil and Gas) | 3.2% |
Analyst forecast in 3 Years (1T4) | 10.9% |
Notable Dividend: 1T4's dividend (16.68%) is higher than the bottom 25% of dividend payers in the German market (1.68%).
High Dividend: 1T4's dividend (16.68%) is in the top 25% of dividend payers in the German market (4.61%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (74.5%), 1T4's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (184.1%), 1T4's dividend payments are not well covered by cash flows.