TORM Dividends and Buybacks
Dividend criteria checks 3/6
TORM is a dividend paying company with a current yield of 31.3% that is well covered by earnings.
Key information
31.3%
Dividend yield
-0.7%
Buyback Yield
| Total Shareholder Yield | 30.6% |
| Future Dividend Yield | 17.6% |
| Dividend Growth | 29.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | DKK 5.780 |
| Payout ratio | 74% |
Recent dividend and buyback updates
Recent updates
TORM plc's (CPH:TRMD A) Prospects Need A Boost To Lift Shares
Dec 03
TORM's (CPH:TRMD A) Solid Earnings May Rest On Weak Foundations
Nov 15TORM 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 13Stability 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) | 31.3% |
| Market Bottom 25% (DK) | 1.5% |
| Market Top 25% (DK) | 5.5% |
| Industry Average (Oil and Gas) | 7.5% |
| Analyst forecast (TRMD A) (up to 3 years) | 17.6% |
Notable Dividend: TRMD A's dividend (31.3%) is higher than the bottom 25% of dividend payers in the Danish market (1.48%).
High Dividend: TRMD A's dividend (31.3%) is in the top 25% of dividend payers in the Danish market (5.48%)
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 (180.6%), TRMD A's dividend payments are not well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 01:54 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
TORM plc is covered by 11 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Marcus Bellander | Carnegie Investment Bank AB |
| Håvard Lie | Danske Bank |
| Jonathan Chappell | Evercore ISI |