TORM Dividend

Dividend criteria checks 3/6

TORM is a dividend paying company with a current yield of 17.07% that is well covered by earnings. Next payment date is on 24th April, 2024 with an ex-dividend date of 15th April, 2024.

Key information

17.1%

Dividend yield

75%

Payout ratio

Industry average yield6.5%
Next dividend pay date24 Apr 24
Ex dividend date15 Apr 24
Dividend per sharen/a
Earnings per sharekr.7.03
Dividend yield forecast in 3Y10.9%

Recent dividend updates

Recent updates

Investors Shouldn't Be Too Comfortable With TORM's (CPH:TRMD A) Earnings

Mar 15
Investors Shouldn't Be Too Comfortable With TORM's (CPH:TRMD A) Earnings

TORM plc Beat Revenue Forecasts By 16%: Here's What Analysts Are Forecasting Next

Mar 11
TORM plc Beat Revenue Forecasts By 16%: Here's What Analysts Are Forecasting Next

Growth Investors: Industry Analysts Just Upgraded Their TORM plc (CPH:TRMD A) Revenue Forecasts By 10%

Mar 09
Growth Investors: Industry Analysts Just Upgraded Their TORM plc (CPH:TRMD A) Revenue Forecasts By 10%

Is TORM (CPH:TRMD A) Using Too Much Debt?

Feb 29
Is TORM (CPH:TRMD A) Using Too Much Debt?

Is Now The Time To Put TORM (CPH:TRMD A) On Your Watchlist?

Jan 23
Is Now The Time To Put TORM (CPH:TRMD A) On Your Watchlist?

Why Investors Shouldn't Be Surprised By TORM plc's (CPH:TRMD A) Low P/E

Dec 25
Why Investors Shouldn't Be Surprised By TORM plc's (CPH:TRMD A) Low P/E

Investors Shouldn't Overlook TORM's (CPH:TRMD A) Impressive Returns On Capital

Dec 11
Investors Shouldn't Overlook TORM's (CPH:TRMD A) Impressive Returns On Capital

TORM (CPH:TRMD A) Seems To Use Debt Quite Sensibly

Oct 11
TORM (CPH:TRMD A) Seems To Use Debt Quite Sensibly

Here's Why TORM (CPH:TRMD A) Has Caught The Eye Of Investors

Sep 11
Here's Why TORM (CPH:TRMD A) Has Caught The Eye Of Investors

Are Investors Undervaluing TORM plc (CPH:TRMD A) By 32%?

Aug 24
Are Investors Undervaluing TORM plc (CPH:TRMD A) By 32%?

The Trend Of High Returns At TORM (CPH:TRMD A) Has Us Very Interested

Aug 09
The Trend Of High Returns At TORM (CPH:TRMD A) Has Us Very Interested

Some Confidence Is Lacking In TORM plc's (CPH:TRMD A) P/S

Jul 04
Some Confidence Is Lacking In TORM plc's (CPH:TRMD A) P/S

These 4 Measures Indicate That TORM (CPH:TRMD A) Is Using Debt Reasonably Well

Jun 13
These 4 Measures Indicate That TORM (CPH:TRMD A) Is Using Debt Reasonably Well

Why The 25% Return On Capital At TORM (CPH:TRMD A) Should Have Your Attention

Apr 10
Why The 25% Return On Capital At TORM (CPH:TRMD A) Should Have Your Attention

Analysts' Revenue Estimates For TORM plc (CPH:TRMD A) Are Surging Higher

Mar 15
Analysts' Revenue Estimates For TORM plc (CPH:TRMD A) Are Surging Higher

Is TORM (CPH:TRMD A) Using Too Much Debt?

Feb 09
Is TORM (CPH:TRMD A) Using Too Much Debt?

TORM's (CPH:TRMD A) Returns On Capital Are Heading Higher

Dec 08
TORM's (CPH:TRMD A) Returns On Capital Are Heading Higher

Analysts Are Betting On TORM plc (CPH:TRMD A) With A Big Upgrade This Week

Nov 13
Analysts Are Betting On TORM plc (CPH:TRMD A) With A Big Upgrade This Week

TORM (CPH:TRMD A) Takes On Some Risk With Its Use Of Debt

Oct 18
TORM (CPH:TRMD A) Takes On Some Risk With Its Use Of Debt

TORM plc (CPH:TRMD A) Analysts Just Slashed This Year's Revenue Estimates By 12%

Sep 06
TORM plc (CPH:TRMD A) Analysts Just Slashed This Year's Revenue Estimates By 12%

Analysts Just Published A Bright New Outlook For TORM plc's (CPH:TRMD A)

Aug 11
Analysts Just Published A Bright New Outlook For TORM plc's (CPH:TRMD A)

TORM (CPH:TRMD A) Might Be Having Difficulty Using Its Capital Effectively

Aug 04
TORM (CPH:TRMD A) Might Be Having Difficulty Using Its Capital Effectively

TORM (CPH:TRMD A) Use Of Debt Could Be Considered Risky

Jul 14
TORM (CPH:TRMD A) Use Of Debt Could Be Considered Risky

Broker Revenue Forecasts For TORM plc (CPH:TRMD A) Are Surging Higher

May 20
Broker Revenue Forecasts For TORM plc (CPH:TRMD A) Are Surging Higher

TORM (CPH:TRMD A) Might Be Having Difficulty Using Its Capital Effectively

Apr 30
TORM (CPH:TRMD A) Might Be Having Difficulty Using Its Capital Effectively

Is TORM (CPH:TRMD A) Using Too Much Debt?

Mar 27
Is TORM (CPH:TRMD A) Using Too Much Debt?

Health Check: How Prudently Does TORM (CPH:TRMD A) Use Debt?

Dec 11
Health Check: How Prudently Does TORM (CPH:TRMD A) Use Debt?

Is TORM (CPH:TRMD A) A Risky Investment?

Jul 20
Is TORM (CPH:TRMD A) A Risky Investment?

Shareholders May Be More Conservative With TORM plc's (CPH:TRMD A) CEO Compensation For Now

Apr 07
Shareholders May Be More Conservative With TORM plc's (CPH:TRMD A) CEO Compensation For Now

Investors Met With Slowing Returns on Capital At TORM (CPH:TRMD A)

Mar 31
Investors Met With Slowing Returns on Capital At TORM (CPH:TRMD A)

What Type Of Shareholders Own The Most Number of TORM plc (CPH:TRMD A) Shares?

Mar 10
What Type Of Shareholders Own The Most Number of TORM plc (CPH:TRMD A) Shares?

These 4 Measures Indicate That TORM (CPH:TRMD A) Is Using Debt Extensively

Feb 05
These 4 Measures Indicate That TORM (CPH:TRMD A) Is Using Debt Extensively

TORM (CPH:TRMD A) Share Prices Have Dropped 36% In The Last Year

Jan 12
TORM (CPH:TRMD A) Share Prices Have Dropped 36% In The Last Year

Upcoming Dividend Payment

TodayMar 28 2024Ex Dividend DateApr 15 2024Dividend Pay DateApr 24 20249 days from Ex DividendBuy in the next 18 days to receive the upcoming dividend

Stability 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
How does TRMD A dividend yield compare to the market?
SegmentDividend Yield
Company (TRMD A)17.1%
Market Bottom 25% (DK)1.6%
Market Top 25% (DK)5.6%
Industry Average (Oil and Gas)6.5%
Analyst forecast in 3 Years (TRMD A)10.9%

Notable Dividend: TRMD A's dividend (17.07%) is higher than the bottom 25% of dividend payers in the Danish market (1.57%).

High Dividend: TRMD A's dividend (17.07%) is in the top 25% of dividend payers in the Danish market (5.57%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (74.5%), TRMD A's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (180.8%), TRMD A's dividend payments are not well covered by cash flows.


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