Torm Plc (TRMD)

• Torm Plc (TRMD) currently pays a dividend of $1.80 per share with annual dividend yield of 28.85% and price-to-earnings ratio of 2.6839.
• Torm Plc (TRMD) pays out a dividend four times per year. Quarterly payment frequency should be carefully considered as it can affect investors’ investment strategy.
• Torm Plc (TRMD) most recent ex-dividend date occurred on August 29, 2024 with dividend payment of $1.80 per share received on September 11, 2024. Shareholders eligible for this dividend payment owned TRMD stock before or on this ex-dividend date.

Table below shows the detailed dividend history of Torm Plc Stock (TRMD). In 2024, the first Torm Plc’s dividend date was on April 15, 2024 with a dividend of $1.36 per share, representing a -6.85% decrease from $1.46 per share on November 21, 2023. This decline in TRMD’s dividend pay out can signal a negative financial performance of the company; however, further research should be conducted to understand the company’s change in dividend payment. We recommend investors to review dividend dates and payments carefully with the aim to gain insights on the company’s strategy.