TORM Dividends and Buybacks
Dividend criteria checks 3/6
TORM is a dividend paying company with a current yield of 25.03% that is well covered by earnings. Next payment date is on 4th December, 2024 with an ex-dividend date of 20th November, 2024.
Key information
25.0%
Dividend yield
-0.6%
Buyback Yield
| Total Shareholder Yield | 24.5% |
| Future Dividend Yield | 14.0% |
| Dividend Growth | 27.8% |
| Next dividend pay date | 04 Dec 24 |
| Ex dividend date | 20 Nov 24 |
| Dividend per share | DKK 5.780 |
| Payout ratio | 74% |
Recent dividend and buyback updates
Recent updates
TORM's (CPH:TRMD A) Solid Earnings May Rest On Weak Foundations
Nov 15
TORM plc Just Missed EPS By 11%: Here's What Analysts Think Will Happen Next
Nov 11TORM (CPH:TRMD A) Has A Pretty Healthy Balance Sheet
Sep 30We Think TORM (CPH:TRMD A) Might Have The DNA Of A Multi-Bagger
Sep 16TORM plc's (CPH:TRMD A) Intrinsic Value Is Potentially 58% Above Its Share Price
Jul 17Benign Growth For TORM plc (CPH:TRMD A) Underpins Its Share Price
Jun 11We Take A Look At Why TORM plc's (CPH:TRMD A) CEO Has Earned Their Pay Packet
Apr 05Investors Shouldn't Be Too Comfortable With TORM's (CPH:TRMD A) Earnings
Mar 15TORM plc Beat Revenue Forecasts By 16%: Here's What Analysts Are Forecasting Next
Mar 11Growth Investors: Industry Analysts Just Upgraded Their TORM plc (CPH:TRMD A) Revenue Forecasts By 10%
Mar 09Is TORM (CPH:TRMD A) Using Too Much Debt?
Feb 29Is Now The Time To Put TORM (CPH:TRMD A) On Your Watchlist?
Jan 23Why Investors Shouldn't Be Surprised By TORM plc's (CPH:TRMD A) Low P/E
Dec 25Investors Shouldn't Overlook TORM's (CPH:TRMD A) Impressive Returns On Capital
Dec 11TORM (CPH:TRMD A) Seems To Use Debt Quite Sensibly
Oct 11Here's Why TORM (CPH:TRMD A) Has Caught The Eye Of Investors
Sep 11Are Investors Undervaluing TORM plc (CPH:TRMD A) By 32%?
Aug 24The Trend Of High Returns At TORM (CPH:TRMD A) Has Us Very Interested
Aug 09Some Confidence Is Lacking In TORM plc's (CPH:TRMD A) P/S
Jul 04These 4 Measures Indicate That TORM (CPH:TRMD A) Is Using Debt Reasonably Well
Jun 13Why The 25% Return On Capital At TORM (CPH:TRMD A) Should Have Your Attention
Apr 10Analysts' Revenue Estimates For TORM plc (CPH:TRMD A) Are Surging Higher
Mar 15Is TORM (CPH:TRMD A) Using Too Much Debt?
Feb 09TORM's (CPH:TRMD A) Returns On Capital Are Heading Higher
Dec 08Analysts Are Betting On TORM plc (CPH:TRMD A) With A Big Upgrade This Week
Nov 13TORM (CPH:TRMD A) Takes On Some Risk With Its Use Of Debt
Oct 18Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TRMD A has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TRMD A'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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TRMD A) | 25.0% |
| Market Bottom 25% (DK) | 1.4% |
| Market Top 25% (DK) | 5.9% |
| Industry Average (Oil and Gas) | 7.0% |
| Analyst forecast (TRMD A) (up to 3 years) | 14.0% |
Notable Dividend: TRMD A's dividend (25.03%) is higher than the bottom 25% of dividend payers in the Danish market (1.43%).
High Dividend: TRMD A's dividend (25.03%) is in the top 25% of dividend payers in the Danish market (5.88%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (73.8%), TRMD A's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (178.8%), TRMD A's dividend payments are not well covered by cash flows.