TORM Dividend
Dividend criteria checks 3/6
TORM is a dividend paying company with a current yield of 16.37% that is well covered by earnings.
Key information
16.4%
Dividend yield
75%
Payout ratio
Industry average yield | 3.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$6.90 |
Dividend yield forecast in 3Y | 10.7% |
Recent dividend updates
Recent updates
TORM 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 18TORM plc Brought Exceptional H1 Results, But There Is A Catch
Nov 02Stability 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) | 16.4% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.7% |
Industry Average (Oil and Gas) | 3.9% |
Analyst forecast in 3 Years (TRMD) | 10.7% |
Notable Dividend: TRMD's dividend (16.37%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: TRMD's dividend (16.37%) is in the top 25% of dividend payers in the US market (4.73%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (74.5%), TRMD's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (184.1%), TRMD's dividend payments are not well covered by cash flows.