SmarterDividends
TRMD

TORM plc

TRMD

Energy · Oil & Gas Midstream · Stock · quarterly payer

$39.89

Fairly valued · +1% Add to Portfolio

Forward Yield

11.08%

Annual Dividend

$4.42

Payout Ratio

40%

5-Yr Growth

1.2%

Ex-Date

Sep 10, 2026

Frequency

Quarterly

Key facts about TRMD's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 25, 2026, TORM plc (TRMD) has a forward dividend yield of 11.08%, based on an annual dividend of $4.42 per share and a share price of $39.89.
  • As of Oct 25, 2026, TRMD's dividend safety grade from SmarterDividends is C (58 out of 100), which rates the dividend as borderline.
  • TRMD last cut its regular dividend in 2025.
  • TRMD's most recent ex-dividend date was Sep 9, 2026, for a dividend of $2.40 per share.
  • As of Oct 25, 2026, TRMD pays out 40% of its trailing 12-month earnings as dividends (its payout ratio).
  • TRMD's dividend has grown at an average rate of 1.2% a year over the past five years.
  • As of Oct 25, 2026, TRMD's 11.08% yield is 33% below its five-year average yield of 16.43%.
  • As of Oct 25, 2026, SmarterDividends' blended fair-value estimate for TRMD is $40.11 per share, 1% above the $39.89 share price, so TRMD screens as fairly valued.
  • TORM plc (TRMD) pays its dividend quarterly, 4 times a year.
Cite this page

SmarterDividends, "TRMD Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 25, 2026, https://smarterdividends.com/stocks/TRMD

Summary

As of Oct 25, 2026, TORM plc (TRMD) yields 11.08% ($4.42 a year per share) and has a dividend safety grade of C (58/100).

Is TRMD a good dividend stock?

Yes, with caveats

TORM plc (TRMD) pays a quarterly dividend yielding 11.08% ($4.42/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Comfortable payout ratio (40%)
  • 435% total price return over 5 years

Risks

  • Cut its dividend in 2025
  • Very high yield can signal elevated risk

Key Data

Dividend Yield
11.08%
Payout Ratio
40%
Annual Dividend
$4.42
5-Yr Avg Growth
1.2%
Ex-Dividend Date
Sep 10, 2026
Years of Growth
0
Frequency
quarterly
Beta
-0.02
Market Cap
$4.1B
P/E Ratio
6.6
5-Yr Total Return
435%
52-Week Range
$19.30 – $41.86
Dividend Safety
C · 58/100
Ever Cut?
Yes (2025)

TRMD dividend changes

TORM plc (TRMD) pays a variable dividend: across the 19 payments on record since 2020, 6 were higher than the one before and 5 lower. The latest change was up 12.9% to $0.700 per share, going ex-dividend on Mar 11, 2026.

Ex-dateChangeOld → newMove
Mar 11, 2026Higher$0.620 → $0.700+12.9%
Nov 19, 2025Higher$0.400 → $0.620+55.0%
May 21, 2025Lower$0.600 → $0.400−33.3%
Mar 19, 2025Lower$1.20 → $0.600−50.0%
Nov 20, 2024Lower$1.80 → $1.20−33.3%
Aug 28, 2024Higher$1.50 → $1.80+20.0%
May 21, 2024Higher$1.36 → $1.50+10.3%
Apr 15, 2024Lower$1.46 → $1.36−6.8%
Nov 21, 2023Lower$1.50 → $1.46−2.7%
Aug 28, 2023Higher$1.46 → $1.50+2.7%
Nov 22, 2022Higher$0.580 → $1.46+151.7%
Every TRMD payment →Download every raise and cut (CSV)
TRMD ex-dividend date & scheduleNext ex-date Sep 10, 2026 · full ex-dividend historyView →TRMD dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is TRMD a good dividend stock?

Yes, with caveats. TORM plc (TRMD) pays a quarterly dividend yielding 11.08% ($4.42/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Is TRMD undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, TRMD's fair value is about $40.11 versus a $39.89 share price — so it looks fairly valued (+1% vs. fair value).

Is TRMD's dividend safe?

TRMD has a dividend-safety grade of C (58/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2025, debt and yield-versus-history.

What is TRMD's fair value?

Our blended fair-value estimate for TRMD is about $40.11 per share, roughly 1% above the current $39.89 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is TRMD a buy, hold, or sell?

We don't issue formal ratings, but on the data TRMD screens as "yes, with caveats" and fairly valued. TORM plc (TRMD) pays a quarterly dividend yielding 11.08% ($4.42/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will TRMD cut its dividend?

TRMD earns a dividend-safety grade of C (58/100), and has cut its dividend before (last in 2025). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does TRMD pay a dividend?

Yes. TORM plc pays a quarterly dividend of about $4.42 per share annually, a forward yield of roughly 11.08%.

What is TRMD's dividend yield?

As of Oct 25, 2026, TRMD's forward dividend yield is 11.08%, based on a $4.42 annual dividend and a $39.89 share price.

What is TRMD's dividend per share?

As of Oct 25, 2026, TRMD pays $4.42 per share per year, distributed on a quarterly basis.

What is TRMD's dividend payout ratio?

As of Oct 25, 2026, TRMD's payout ratio is 40% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has TRMD grown its dividend?

TRMD does not currently have a long dividend-growth streak on record.

When is the next TRMD ex-dividend date?

As of Oct 25, 2026, TRMD's next ex-dividend date hasn't been announced. The most recent was Sep 9, 2026, for $2.40 per share.

TRMD Dividend News

TRMD
SpecialTRMD·Sep 10, 2026

TORM Special Dividend Jumps 242.9% to $2.40

TORM’s $2.40 special dividend reflects record tanker earnings, while a 12.85% forward yield and C safety grade show the payout remains variable.

Income Calculator

At $4.42 / yr per share

Per payment (quarterly)$110.50
Annual$442.00
Monthly avg$36.83

Similar Dividend Stocks

XOMXOMExxonMobil Holdings Corporation2.25%24 yrCVXCVXChevron Corporation3.05%38 yrSHELSHELShell plc2.89%EnergyRYDAFRYDAFShell plc2.92%Energy

Compare TRMD

TRMD vs XOMTRMD vs CVXTRMD vs SHELTRMD vs RYDAF

Explore more

Lists and tools related to TRMD