TORM Dividend
Dividend criteria checks 3/6
TORM is a dividend paying company with a current yield of 14.8% that is well covered by earnings.
Key information
14.8%
Dividend yield
71%
Payout ratio
| Industry average yield | 6.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | DKK 7.49 |
| Dividend yield forecast in 3Y | 9.6% |
Recent dividend updates
Recent updates
Benign Growth For TORM plc (CPH:TRMD A) Underpins Its Share Price
Jun 11
We 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 18TORM plc (CPH:TRMD A) Analysts Just Slashed This Year's Revenue Estimates By 12%
Sep 06Analysts Just Published A Bright New Outlook For TORM plc's (CPH:TRMD A)
Aug 11TORM (CPH:TRMD A) Might Be Having Difficulty Using Its Capital Effectively
Aug 04TORM (CPH:TRMD A) Use Of Debt Could Be Considered Risky
Jul 14Broker Revenue Forecasts For TORM plc (CPH:TRMD A) Are Surging Higher
May 20TORM (CPH:TRMD A) Might Be Having Difficulty Using Its Capital Effectively
Apr 30Is TORM (CPH:TRMD A) Using Too Much Debt?
Mar 27Health Check: How Prudently Does TORM (CPH:TRMD A) Use Debt?
Dec 11Stability 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) | 14.8% |
| Market Bottom 25% (DK) | 1.7% |
| Market Top 25% (DK) | 5.7% |
| Industry Average (Oil and Gas) | 6.2% |
| Analyst forecast in 3 Years (TRMD A) | 9.6% |
Notable Dividend: TRMD A's dividend (14.8%) is higher than the bottom 25% of dividend payers in the Danish market (1.68%).
High Dividend: TRMD A's dividend (14.8%) is in the top 25% of dividend payers in the Danish market (5.71%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (70.7%), TRMD A's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (226.3%), TRMD A's dividend payments are not well covered by cash flows.