TORM plc
TRMDEnergy · Stock · quarterly payer
Forward Yield
12.65%
Annual Dividend
$4.42
Payout Ratio
40%
5-Yr Growth
1.2%
Ex-Date
Sep 10, 2026
Frequency
Quarterly
Summary
As of September 2026, TORM plc (TRMD) yields 12.65% ($4.42 per share annually), with a blended fair-value estimate of $50.66 — +44% upside, so it screens as undervalued. Dividend safety grade: C (57/100).
Is TRMD a good dividend stock?
MixedTORM plc (TRMD) pays a quarterly dividend yielding 12.65% ($4.42/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Comfortable payout ratio (40%)
- 355% total price return over 5 years
Risks
- Cut its dividend in 2025
- Very high yield can signal elevated risk
Key Data
- Dividend Yield
- 12.65%
- 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
- 0.04
- Market Cap
- $3.6B
- P/E Ratio
- 5.7
- 5-Yr Total Return
- 355%
- 52-Week Range
- $19.30 – $35.53
- Dividend Safety
- C · 57/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
TRMD Price — Last 12 Months
Daily close
Price Return
1 Year
+71%
3 Years
+28%
5 Years
+355%
52-Week Range
$19.30 – $35.53
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is TRMD worth?
Undervaluedmedium confidenceOur blended fair-value estimate for TORM plc is $50.66 per share, versus a market price of $35.18. That implies 44% of upside — a margin of safety of about 31%.
Fair Value
$50.66
Current Price
$35.18
Upside
+44%
Margin of Safety
31%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -3.1% annual free-cash-flow growth. We model -5.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 7.0% discount rate (CAPM), -5.0% stage-1 growth, 2.5% terminal growth, $6.08 EPS, $4.42 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
TRMD Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 9, 2026 | — | $2.4000 | regular |
| May 27, 2026 | — | $0.7000 | regular |
| Mar 11, 2026 | — | $0.7000 | regular |
| Nov 19, 2025 | — | $0.6200 | regular |
| Aug 21, 2025 | — | $0.4000 | regular |
| May 21, 2025 | — | $0.4000 | regular |
| Mar 19, 2025 | — | $0.6000 | regular |
| Nov 20, 2024 | — | $1.2000 | regular |
| Aug 28, 2024 | — | $1.8000 | regular |
| May 21, 2024 | — | $1.5000 | regular |
| Apr 15, 2024 | — | $1.3600 | regular |
| Nov 21, 2023 | — | $1.4600 | regular |
| Aug 28, 2023 | — | $1.5000 | regular |
| May 22, 2023 | — | $1.4600 | regular |
Income Calculator
At $4.42 / yr per share
