TORM PLC Class A Dividend
TORM PLC Class A Dividend history 22 years & estimates 2023 to 2026
Dividend Analysis of the TORM PLC Class A Stock
| Current dividend yield | 7.53 % |
| Dividendenrendite 5 Jahre | 1.5 % |
| Dividend Yield 10Y | 4.23 % |
| Payout 3Y | 6.53 % |
When does TORM PLC Class A pay a dividend?
The TORM PLC Class A stock dividend is paid 4 times a year. In order to receive a dividend, you should generally own the TORM PLC Class A stock before the ex-dividend date. The Dividend Calendar shows that the last ex-day dates were March, May, August and November . Dividends from TORM PLC Class A are distributed via April, June, September and December.
| Year | Dividend | Ex-day & Payday |
Frequency | |
|---|---|---|---|---|
| Fiscal Year | Dividend per Share | Ex-Day | Payday | Payment frequency |
| 2023 |
$1.8
$1.8
|
Aug 29 2024
Aug 29 2024
Sep 11 2024
Aug 29 24
Sep 11 24 |
Sep 11 2024 |
quarterly
quarterly
|
| 2023 |
$1.5
$1.5
|
May 21 2024
May 21 2024
Jun 04 2024
May 21 24
Jun 04 24 |
Jun 04 2024 |
quarterly
quarterly
|
| 2023 |
$1.36
$1.36
|
Apr 15 2024
Apr 15 2024
Apr 24 2024
Apr 15 24
Apr 24 24 |
Apr 24 2024 |
quarterly
quarterly
|
| 2022 |
$1.46
$1.46
|
Nov 21 2023
Nov 21 2023
Dec 05 2023
Nov 21 23
Dec 05 23 |
Dec 05 2023 |
quarterly
quarterly
|
| 2022 |
$1.5
$1.5
|
Aug 28 2023
Aug 28 2023
Sep 12 2023
Aug 28 23
Sep 12 23 |
Sep 12 2023 |
quarterly
quarterly
|
| 2022 |
$1.46
$1.46
|
May 22 2023
May 22 2023
Jun 06 2023
May 22 23
Jun 06 23 |
Jun 06 2023 |
quarterly
quarterly
|
| 2022 |
$2.59
$2.59
|
Mar 24 2023
Mar 24 2023
Apr 05 2023
Mar 24 23
Apr 05 23 |
Apr 05 2023 |
quarterly
quarterly
|
| 2021 |
$1.46
$1.46
|
Nov 22 2022
Nov 22 2022
Dec 08 2022
Nov 22 22
Dec 08 22 |
Dec 08 2022 |
quarterly
quarterly
|
| 2021 |
$0.58
$0.58
|
Aug 31 2022
Aug 31 2022
Sep 16 2022
Aug 31 22
Sep 16 22 |
Sep 16 2022 |
quarterly
quarterly
|
| 2019 |
$0.85
$0.85
|
Aug 26 2020
Aug 26 2020
Sep 10 2020
Aug 26 20
Sep 10 20 |
Sep 10 2020 |
semi annual
semi-annual
|
How much dividend does TORM PLC Class A pay?
TORM PLC Class A most recently paid a dividend of $1.80. TORM PLC Class A paid a Dividend of $7.01 Per Share in the financial year 2022. With a stock price of $34.05 at Sep 13 2024, the current dividend yield is 20.59% (calculation: $7.01 / $34.05 = 20.59%). No special dividend was paid.
What is the TORM PLC Class A Dividend Yield and payout ratio?
The average TORM PLC Class A dividend yield over the last 5 years is 21.34% and the average over the last 10 years is 1.88%.
The payout ratio of TORM PLC Class A in relation to the last financial year is 101.30%. The payout ratio smoothed over 3 years is 119.55%. The calculation is based on the sum of all dividend payments divided by the cumulative earnings per share(EPS).
| Metric | TORM PLC Class A |
|---|---|
| Current dividend yield | 20.59% |
| Dividend Yield 5Y | 21.34% |
| Dividend Yield 10Y | 1.88% |
| Payout 1Y | 101.30% |
| Payout 3Y | 119.55% |
Is the TORM PLC Class A dividend safe? Continuity & Dividend Growth
Is the TORM PLC Class A dividend safe?
TORM PLC Class A has been paying a dividend for 2 years and has not lowered the dividend for 2 years (dividend continuity). As a result, the dividend was recently increased 2-times.
The Dividend Growth in relation to the previous financial year amounts to 243.63%.
| Metric | TORM PLC Class A |
|---|---|
| Increased | 2 Years |
| Continuity | 2 Years |
| Paid | 2 Years |
| Growth 1Y | 243.63% |
Continuity
TORM PLC Class A has been paying a dividend for 2 years and has not lowered the dividend for 2 years (dividend continuity). As a result, the dividend was recently increased 2-times.
Dividend Growth
The Dividend Growth in relation to the previous financial year amounts to 243.63%.
TORM PLC Class A Stock Forecast 2024
On the stock exchange, the TORM PLC Class A stock (ISIN: GB00BZ3CNK81) is not traded as a top scorer in September 2024 according to the dividend strategy.
The stock price of TORM PLC Class A 11.97% has risen since the beginning of the year 2024. However, the return generated in the past says nothing about the future return. You can find the TORM PLC Class A stock price in real time at the top of the page.
TORM PLC Class A (symbol: TRMD) is valued at a Price / Earnings Ratio (P/E ratio) of 4.24 and a price/sales ratio (P/S ratio) of 1.98 valued. Based on analyst estimates, the TORM PLC Class A stock forecast 2024 of the current financial year corresponds to a valuation of 4.20 according to P/E ratio and 2.50 according to P/S.
| Metric | TORM PLC Class A |
|---|---|
| Dividend Score | ??/15 |
| Performance 2024 |
11.97%
|
| P/E TTM | 4.24 |
| P/S TTM | 1.98 |
| P/E forward | 4.20 |
| P/S forward | 2.50 |
TORM PLC Class A (symbol: TRMD) is valued at a Price / Earnings Ratio (P/E ratio) of 4.24 and a price/sales ratio (P/S ratio) of 1.98 valued. Based on analyst estimates, the TORM PLC Class A stock forecast 2024 of the current financial year corresponds to a valuation of 4.20 according to P/E ratio and 2.50 according to P/S.
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