Trustmark Dividends and Buybacks

Dividend criteria checks 3/6

Trustmark is a dividend paying company with a current yield of 2.66%.

Key information

2.7%

Dividend yield

0.07%

Buyback Yield

Total Shareholder Yield	2.7%
Future Dividend Yield	2.8%
Dividend Growth	-1.5%
Next dividend pay date	n/a
Ex dividend date	n/a
Dividend per share	US$0.920
Payout ratio	161%

Recent dividend and buyback updates

Recent updates

Trustmark (NASDAQ:TRMK) Will Pay A Dividend Of $0.23

Oct 26

Trustmark's (NASDAQ:TRMK) Dividend Will Be $0.23

Aug 22

Trustmark (NASDAQ:TRMK) Is Due To Pay A Dividend Of $0.23

Jul 27

Trustmark: A Low Yield At A Large Premium

May 23

Trustmark (NASDAQ:TRMK) Is Paying Out A Dividend Of $0.23

Apr 27

Trustmark (NASDAQ:TRMK) Is Paying Out A Dividend Of $0.23

Feb 06

Trustmark (NASDAQ:TRMK) Has Announced A Dividend Of $0.23

Oct 28

Trustmark's (NASDAQ:TRMK) Dividend Will Be $0.23

Aug 21

Trustmark (NASDAQ:TRMK) Will Pay A Dividend Of $0.23

Jul 29

Trustmark (NASDAQ:TRMK) Is Paying Out A Dividend Of $0.23

Apr 29

Trustmark (NASDAQ:TRMK) Will Pay A Dividend Of $0.23

Nov 17

Trustmark (NASDAQ:TRMK) Has Affirmed Its Dividend Of $0.23

Nov 01

Trustmark goes ex-dividend tomorrow

Aug 30

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: TRMK's dividends per share have been stable in the past 10 years.

Growing Dividend: TRMK's dividend payments have not increased over the past 10 years.

Dividend Yield vs Market

Trustmark Dividend Yield vs Market

How does TRMK dividend yield compare to the market?
Segment	Dividend Yield
Company (TRMK)	2.7%
Market Bottom 25% (US)	1.5%
Market Top 25% (US)	4.5%
Industry Average (Banks)	2.7%
Analyst forecast (TRMK) (up to 3 years)	2.8%

Notable Dividend: TRMK's dividend (2.66%) is higher than the bottom 25% of dividend payers in the US market (1.44%).

High Dividend: TRMK's dividend (2.66%) is low compared to the top 25% of dividend payers in the US market (4.48%).

Current Payout to Shareholders

Earnings Coverage: With its high payout ratio (160.8%), TRMK's dividend payments are not well covered by earnings.

Future Payout to Shareholders

Future Dividend Coverage: TRMK's dividends in 3 years are forecast to be well covered by earnings (28.8% payout ratio).

Discover strong dividend paying companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/02 04:50
End of Day Share Price	2025/01/02 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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Trustmark Corporation is covered by 25 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
Blair Brantley	BB&T Capital Markets
Andrew Stapp	B. Riley Securities, Inc.
null null	D.A. Davidson & Co.

Trustmark Dividends and Buybacks

Dividend criteria checks 3/6

Key information

Recent dividend and buyback updates

Upcoming dividend of US$0.23 per share

Trustmark (NASDAQ:TRMK) Will Pay A Dividend Of $0.23

Trustmark Corporation Declares Quarterly Cash Dividend, Payable on December 15, 2024

Upcoming dividend of US$0.23 per share

Trustmark's (NASDAQ:TRMK) Dividend Will Be $0.23

Trustmark (NASDAQ:TRMK) Is Due To Pay A Dividend Of $0.23

Recent updates

Trustmark Corporation to Report Q4, 2024 Results on Jan 28, 2025

Now 22% overvalued after recent price rise

Upcoming dividend of US$0.23 per share

Chairman recently sold US$1.6m worth of stock

Now 21% undervalued

Consensus EPS estimates increase by 16%

Trustmark (NASDAQ:TRMK) Will Pay A Dividend Of $0.23

Third quarter dividend of US$0.23 announced

Trustmark Corporation Appoints Lea B. Turnipseed to Its Board of Directors, Effective January 1, 2025

Third quarter 2024 earnings: EPS exceeds analyst expectations

Trustmark Corporation Declares Quarterly Cash Dividend, Payable on December 15, 2024

Consensus EPS estimates fall by 39%

Trustmark Corporation to Report Q3, 2024 Results on Oct 22, 2024

Consensus EPS estimates fall by 28%

Upcoming dividend of US$0.23 per share

Trustmark's (NASDAQ:TRMK) Dividend Will Be $0.23

Consensus revenue estimates fall by 10%

Trustmark (NASDAQ:TRMK) Is Due To Pay A Dividend Of $0.23

Second quarter dividend of US$0.23 announced

Price target increased by 9.0% to US$36.20

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

Trustmark Corporation Declares Quarterly Cash Dividend, Payable September 15, 2024

Consensus EPS estimates fall by 11%

Trustmark Corporation to Report Q2, 2024 Results on Jul 23, 2024

Upcoming dividend of US$0.23 per share

Trustmark: A Low Yield At A Large Premium

Consensus EPS estimates increase by 80%, revenue downgraded

Price target increased by 9.4% to US$32.60

Consensus EPS estimates increase by 88%

Trustmark (NASDAQ:TRMK) Is Paying Out A Dividend Of $0.23

First quarter dividend of US$0.23 announced

Investor sentiment improves as stock rises 16%

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Trustmark Corporation Declares a Quarterly Cash Dividend, Payable on June 15, 2024

Trustmark Corporation to Report Q1, 2024 Results on Apr 23, 2024

Price target increased by 7.2% to US$29.80

Trustmark Reportedly Puts Insurance Broking Unit Up for Sale

Trustmark Corporation, Annual General Meeting, Apr 23, 2024

Upcoming dividend of US$0.23 per share

Trustmark (NASDAQ:TRMK) Is Paying Out A Dividend Of $0.23

Consensus EPS estimates increase by 11%

Fourth quarter dividend of US$0.23 announced

Trustmark Corporation Announced Net Charge Off Result for the Fourth Quarter of Fiscal Year 2023

Full year 2023 earnings: Revenues and EPS in line with analyst expectations

Trustmark Corporation Declares Quarterly Cash Dividend, Payable on March 15, 2024

Trustmark Corporation to Report Q4, 2023 Results on Jan 23, 2024

Price target increased by 15% to US$25.55

Trustmark Corporation (NasdaqGS:TRMK) announces an Equity Buyback for $50 million worth of its shares.

Upcoming dividend of US$0.23 per share at 4.0% yield

Trustmark (NASDAQ:TRMK) Has Announced A Dividend Of $0.23

Price target decreased by 7.1% to US$23.55

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Trustmark Corporation Declares Quarterly Cash Dividend, Payable on December 15, 2023

Trustmark Corporation to Report Q3, 2023 Results on Oct 24, 2023

Upcoming dividend of US$0.23 per share at 3.9% yield

Trustmark's (NASDAQ:TRMK) Dividend Will Be $0.23

Consensus EPS estimates increase by 17%

Trustmark (NASDAQ:TRMK) Will Pay A Dividend Of $0.23

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Trustmark Corporation Reports Net Charge-Offs for the Second Quarter Ended June 30, 2023

Now 21% undervalued after recent price drop

Price target decreased by 7.0% to US$25.20

Trustmark Corporation to Report Q2, 2023 Results on Jul 25, 2023

Upcoming dividend of US$0.23 per share at 4.2% yield

Independent Lead Director recently bought US$83k worth of stock

Insufficient new directors

Trustmark (NASDAQ:TRMK) Is Paying Out A Dividend Of $0.23

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Now 21% undervalued after recent price drop