TORM Dividends and Buybacks
Dividend criteria checks 3/6
TORM is a dividend paying company with a current yield of 31.62% that is well covered by earnings.
Key information
31.6%
Dividend yield
-0.7%
Buyback Yield
| Total Shareholder Yield | 30.9% |
| Future Dividend Yield | 17.7% |
| Dividend Growth | 29.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$5.780 |
| Payout ratio | 74% |
Recent dividend and buyback updates
Recent updates
TORM Stock Could Be A Great Value Investment For The Next Few Years
Dec 12TORM: Making Sense Of The Collapse And What To Do From Here
Nov 20TORM plc: Double-Digit Yields And Attractive Discount To NAV (Rating Upgrade)
Nov 1222% Yielding TORM: A Very Buyable Crash (Rating Upgrade)
Sep 16How Good Is TORM's 22% Yield?
Sep 07TORM: Still Making Cash, A 15% Yield, And More Room To Run
Jul 25TORM PLC: Check Out That 16% Forward Yield
May 17TORM Stock Is Still Cheap And Well Positioned
May 01TORM plc: A Luring Dividend Yield And Skewed Risk Reward (Rating Downgrade)
Mar 27My TORM Pick In 2021 Smoked All Big Tech Gains
Feb 13TORM: Still Great Value To Be Unlocked
Jan 10TORM: Further Increase In Charter Equivalent Rates Would Mean Higher Stock Price
Sep 07TORM goes ex-dividend tomorrow
Aug 30TORM GAAP EPS of $1.31, revenue of $338.5M
Aug 18Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TRMD has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TRMD'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) | 31.6% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.4% |
| Industry Average (Oil and Gas) | 4.1% |
| Analyst forecast (TRMD) (up to 3 years) | 17.7% |
Notable Dividend: TRMD's dividend (31.62%) is higher than the bottom 25% of dividend payers in the US market (1.4%).
High Dividend: TRMD's dividend (31.62%) is in the top 25% of dividend payers in the US market (4.37%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (73.8%), TRMD's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (180.6%), TRMD's dividend payments are not well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 23:44 |
| End of Day Share Price | 2024/12/18 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
TORM plc is covered by 11 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 |
|---|---|
| Marcus Bellander | Carnegie Investment Bank AB |
| Håvard Lie | Danske Bank |
| Jonathan Chappell | Evercore ISI |