How much dividend does Torm pay?
Over the past 12 months, Torm paid a dividend of 7.01 USD . This corresponds to a dividend yield of about 19.98 %. For the coming 12 months, Torm is expected to pay a dividend of 8.49 USD.
Torm Dividend 2024
Torm Dividend
7.01 USD
Torm Dividend yield
19.98 %
Ticker
TRMD A.CO
ISIN
GB00BZ3CNK81
WKN
A2AGBV
How much dividend does Torm 2024 pay?
According to the latest status from August 2024, Torm paid a total of 7.01 USD per share in dividends within the last 12 months. With the current Torm price of 35.08 USD, this corresponds to a dividend yield of 19.98 %. A dividend is paid times per year.
| 19.98 % Dividend Yield | = |
|
Historical Torm Dividends
A dividend is paid times per year. Last year, the payout months were April, June, September and December.
| Paydate | Dividend |
|---|---|
| 6/21/2024 | 1.5 |
| 5/15/2024 | 1.36 |
| 12/21/2023 | 1.46 |
| 9/28/2023 | 1.5 |
| 6/22/2023 | 1.46 |
| 4/24/2023 | 2.59 |
| 12/22/2022 | 1.46 |
| 10/1/2022 | 0.58 |
| 9/26/2020 | 0.85 |
| 5/17/2020 | 0.1 |
| 9/24/2017 | 0.02 |
| 9/24/2016 | 0.4 |
| 5/23/2009 | 4 |
| 1/19/2009 | 4.5 |
| 10/3/2007 | 27.5 |
| 5/18/2007 | 11.5 |
| 5/20/2006 | 23 |
| 5/20/2005 | 15 |
| 5/21/2004 | 12 |
| 5/11/2003 | 2 |
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Torm dividend history and estimates GB00BZ3CNK81 · A2AGBV
In 2023, Torm paid a dividend amounting to 7.01 USD. Dividend means that Torm distributes a portion of its profits to its owners.
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Dividend
ⓘDividend Overview
The dividend per year chart for Torm provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.
Interpretation and Use
A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Torm’s potential for long-term investment and income generation through dividends.
Investment Strategy
Incorporate the dividend data in evaluating Torm's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.
Torm Dividend History
| Date | Torm Dividend |
|---|---|
| 2026e | 8.37 undefined |
| 2025e | 8.49 undefined |
| 2024e | 8.42 undefined |
| 2023 | 7.01 undefined |
| 2022 | 2.04 undefined |
| 2020 | 0.95 undefined |
| 2017 | 0.02 undefined |
| 2016 | 0.4 undefined |
| 2009 | 6,000 undefined |
| Dividend | Dividend (Estimate) | |
|---|---|---|
| 2009 | 6,000 USD | 0 USD |
| 2010 | 0 USD | 0 USD |
| 2011 | 0 USD | 0 USD |
| 2012 | 0 USD | 0 USD |
| 2015 | 0 USD | 0 USD |
| 2016 | 0.4 USD | 0 USD |
| 2017 | 0.02 USD | 0 USD |
| 2018 | 0 USD | 0 USD |
| 2019 | 0 USD | 0 USD |
| 2020 | 0.95 USD | 0 USD |
| 2021 | 0 USD | 0 USD |
| 2022 | 2.04 USD | 0 USD |
| 2023 | 7.01 USD | 0 USD |
| 2024e | 0 USD | 8.42 USD |
| 2025e | 0 USD | 8.49 USD |
| 2026e | 0 USD | 8.37 USD |
Is the Torm Dividend Safe?
Torm has been increasing the dividend for 3 years.
Over the past 10 years, Torm has increased it by an annual 0 %.
Over a five-year period, the distribution increased by 0%.
Analysts expect a Dividend Increase of 9.604% for the current fiscal year.
Torm dividend payout ratio GB00BZ3CNK81 · A2AGBV
In 2023, Torm had a payout ratio of 54.75%. The payout ratio indicates the percentage of the company's profits that Torm distributes as dividends.
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Payout ratio
ⓘWhat is Yearly Payout Ratio?
The yearly payout ratio for Torm represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.
How to Interpret the Data
A lower payout ratio for Torm could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.
Using the Data for Investments
Evaluate Torm's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.
Torm Payout Ratio History
| Date | Torm Payout ratio |
|---|---|
| 2026e | 48.18 % |
| 2025e | 43.51 % |
| 2024e | 46.3 % |
| 2023 | 54.75 % |
| 2022 | 29.47 % |
| 2021 | 54.67 % |
| 2020 | 80.11 % |
| 2019 | 54.43 % |
| 2018 | 53.7 % |
| 2017 | 51.52 % |
| 2016 | -17.66 % |
| 2015 | 53.7 % |
| 2012 | 53.7 % |
| 2011 | 53.7 % |
| 2010 | 53.7 % |
| 2009 | -2.4 M % |
| Payout ratio | |
|---|---|
| 2009 | -2.4 M % |
| 2010 | 53.7 % |
| 2011 | 53.7 % |
| 2012 | 53.7 % |
| 2015 | 53.7 % |
| 2016 | -17.66 % |
| 2017 | 51.52 % |
| 2018 | 53.7 % |
| 2019 | 54.43 % |
| 2020 | 80.11 % |
| 2021 | 54.67 % |
| 2022 | 29.47 % |
| 2023 | 54.75 % |
| 2024e | 46.3 % |
| 2025e | 43.51 % |
| 2026e | 48.18 % |
Dividend Details
Understanding Torm's Dividend Distributions
Torm’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.
Year-to-Year Comparison
Examining Torm's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.
Impact on Investments
Torm's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.
Interpreting Dividend Fluctuations
Changes in Torm’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.
Torm Aktienanalyse
What does Torm do?
Torm PLC is a global leader in tanker rentals and operations. The company was founded in Denmark in 1889 and has since built an impressive history. The company specializes in the transportation of oil and other liquids, primarily through the use of large tankers. Torm PLC offers a range of services, including tanker rentals and management, spare parts supply, and repair services. Torm PLC maintains a fleet of around 80 tankers and operates a variety of tanker types, including oil tankers, chemical tankers, and gas tankers. The company operates worldwide and has offices in Denmark, Singapore, and the USA. Torm PLC's business model is to provide tanker rentals and operations that enable effective and reliable transportation of liquids for customers. In addition, the company also offers ship management services, including ship repair and maintenance. The various divisions of Torm PLC include chartering, operations, and technology. Chartering involves renting tankers to customers, while operations involve the management of the fleet by the company. Technology refers to the use of digitized solutions and the use of data analytics and technical innovations in the shipping industry. Torm PLC offers a wide range of products and services, including tanker rentals, ship management, spare parts supply, and technical support. The company has also developed a system called TORM inSITE, which enables complete fleet monitoring. It provides customers with a secure and reliable transportation solution. The activities of Torm PLC have contributed to a change in the shipping industry. The company has taken a pioneering role in introducing modern, safe, and environmentally friendly solutions in the shipping industry. Overall, Torm PLC is a leading company in the field of tanker rentals and operations. It has earned a good reputation in the shipping industry and is known for its use of technology, efficiency, and reliability. The company is expected to continue to play an important role in the shipping industry in the future. Torm is one of the most popular companies on Eulerpool.com.Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.
Frequently Asked Questions about Torm stock
What is the dividend yield of Torm?
The current dividend yield of Torm is 19.98 %.
When does Torm pay dividends?
Torm pays a quarterly dividend. This is distributed in the months of September, December, May, June.
How secure is the dividend of Torm?
Torm paid dividends every year for the past 5 years.
What is the dividend of Torm?
For the upcoming 12 months, dividends amounting to 8.49 USD are expected. This corresponds to a dividend yield of 24.21 %.
In which sector is Torm located?
Torm is assigned to the 'Energy' sector.
Wann musste ich die Aktien von Torm kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Torm from 6/4/2024 amounting to 1.5 USD, you needed to have the stock in your portfolio before the ex-date on 5/21/2024.
When did Torm pay the last dividend?
The last dividend was paid out on 6/4/2024.
What was the dividend of Torm in the year 2023?
In the year 2023, Torm distributed 2.04 USD as dividends.
In which currency does Torm pay out the dividend?
The dividends of Torm are distributed in USD.
Andere Kennzahlen von Torm
Our stock analysis for Torm Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Torm Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
