Trustmark Corporation

NasdaqGS:TRMK Stock Report

Market Cap: US$2.2b

Trustmark Dividend

Dividend criteria checks 2/6

Trustmark is a dividend paying company with a current yield of 2.6%. Next payment date is on 15th September, 2024 with an ex-dividend date of 30th August, 2024.

Key information

2.6%

Dividend yield

396%

Payout ratio

Industry average yield2.7%
Next dividend pay date15 Sep 24
Ex dividend date30 Aug 24
Dividend per shareUS$0.920
Earnings per shareUS$0.23
Dividend yield forecast in 3Y2.7%

Recent dividend updates

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

Jul 27
Trustmark (NASDAQ:TRMK) Is Due To Pay A Dividend Of $0.23

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

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

Recent updates

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

Jul 27
Trustmark (NASDAQ:TRMK) Is Due To Pay A Dividend Of $0.23

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

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

Upcoming Dividend Payment

TodayJul 27 2024Ex Dividend DateAug 30 2024Dividend Pay DateSep 15 202416 days from Ex DividendBuy in the next 34 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)2.6%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.3%
Industry Average (Banks)2.7%
Analyst forecast in 3 Years (TRMK)2.7%

Notable Dividend: TRMK's dividend (2.6%) is higher than the bottom 25% of dividend payers in the US market (1.46%).

High Dividend: TRMK's dividend (2.6%) is low compared to the top 25% of dividend payers in the US market (4.37%).


Current Payout to Shareholders

Earnings Coverage: With its high payout ratio (395.7%), TRMK's dividend payments are not 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.


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