Trustmark Corporation

NasdaqGS:TRMK Stock Report

Market Cap: US$1.8b

Trustmark Dividend

Dividend criteria checks 3/6

Trustmark is a dividend paying company with a current yield of 3.06% that is well covered by earnings. Next payment date is on 15th June, 2024 with an ex-dividend date of 31st May, 2024.

Key information

3.1%

Dividend yield

36%

Payout ratio

Industry average yield3.1%
Next dividend pay date15 Jun 24
Ex dividend date31 May 24
Dividend per sharen/a
Earnings per shareUS$2.56
Dividend yield forecast in 3Y3.1%

Recent dividend updates

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

Apr 27
Trustmark (NASDAQ:TRMK) Is Paying Out A Dividend Of $0.23

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

Feb 06
Trustmark (NASDAQ:TRMK) Is Paying Out A Dividend Of $0.23

Recent updates

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

Apr 27
Trustmark (NASDAQ:TRMK) Is Paying Out A Dividend Of $0.23

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

Feb 06
Trustmark (NASDAQ:TRMK) Is Paying Out A Dividend Of $0.23

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

Oct 28
Trustmark (NASDAQ:TRMK) Has Announced A Dividend Of $0.23

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

Aug 21
Trustmark's (NASDAQ:TRMK) Dividend Will Be $0.23

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

Jul 29
Trustmark (NASDAQ:TRMK) Will Pay A Dividend Of $0.23

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

Apr 29
Trustmark (NASDAQ:TRMK) Is Paying Out A Dividend Of $0.23

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

Nov 17
Trustmark (NASDAQ:TRMK) Will Pay A Dividend Of $0.23

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

Nov 01
Trustmark (NASDAQ:TRMK) Has Affirmed Its Dividend Of $0.23

Trustmark goes ex-dividend tomorrow

Aug 30

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

Jul 30
Trustmark (NASDAQ:TRMK) Has Announced A Dividend Of $0.23

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

May 02
Trustmark's (NASDAQ:TRMK) Dividend Will Be US$0.23

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

Jan 29
Trustmark (NASDAQ:TRMK) Will Pay A Dividend Of US$0.23

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

Nov 01
Trustmark (NASDAQ:TRMK) Will Pay A Dividend Of US$0.23

Here's Why I Think Trustmark (NASDAQ:TRMK) Is An Interesting Stock

Oct 25
Here's Why I Think Trustmark (NASDAQ:TRMK) Is An Interesting Stock

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

Aug 30
Trustmark (NASDAQ:TRMK) Has Re-Affirmed Its Dividend Of US$0.23

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

Aug 01
Trustmark's (NASDAQ:TRMK) Dividend Will Be US$0.23

Trustmark Corporation 2021 Q1 - Results - Earnings Call Presentation

Apr 30

Upcoming Dividend Payment

TodayMay 01 2024Ex Dividend DateMay 31 2024Dividend Pay DateJun 15 202415 days from Ex DividendBuy in the next 29 days to receive the upcoming dividend

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?
SegmentDividend Yield
Company (TRMK)3.1%
Market Bottom 25% (US)1.6%
Market Top 25% (US)4.8%
Industry Average (Banks)3.1%
Analyst forecast in 3 Years (TRMK)3.1%

Notable Dividend: TRMK's dividend (3.06%) is higher than the bottom 25% of dividend payers in the US market (1.56%).

High Dividend: TRMK's dividend (3.06%) is low compared to the top 25% of dividend payers in the US market (4.82%).


Current Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (35.9%), TRMK's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.


Discover strong dividend paying companies

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.