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TORM stock: dividend

TRMD
$36.13Closing price of 12 Nov 2026MEQIRI Score 74 out of 100

TORM paid $4.42 per share over the last twelve months, 12.23% on the price.

Daily figure as of 13 Nov 2026

Dividend yield over the last 12 months
12.23%
$4.42 per share over 12 months
Dividend per share 2025
$2.11
paid in fiscal 2025
70%
$2.01
does not cover the dividend of $2.11
Raised in a row
1 year
Years with a higher annual dividend than the year before
Growth 5 years
no data
per year, from the last twelve months, without special dividends
Growth 10 years
no data
per year, from the last twelve months, without special dividends

The amounts for the last 12 months and paid in fiscal 2025 differ if the company has raised or cut its dividend since then.

The dividend is covered by earnings (payout ratio 70%) but not by free cash flow. The stock page lists a weakness only when neither covers it.

Dividend dates and payments

Anyone holding the stock on the day before the ex-dividend date receives the dividend. Amounts are per share, before tax.

Last ex-dividend date
10 Sep 2026
$2.4000, paid 24 Sep 2026
Next ex-dividend date
17 Nov 2026
$1.3500, paid 2 Dec 2026
Frequency
quarterly

Last cut: with the ex-dividend date 22 May 2025, the payment fell from $0.6000 to $0.4000 per share.

All 18 payments of the last five years
Ex-dividend datePayment dateDividend per share
17 Nov 20262 Dec 2026$1.3500
10 Sep 202624 Sep 2026$2.4000
28 May 202611 Jun 2026$0.7000
12 Mar 202625 Mar 2026$0.7000
20 Nov 20253 Dec 2025$0.6200
22 Aug 20253 Sep 2025$0.4000
22 May 20254 Jun 2025$0.4000
20 Mar 20252 Apr 2025$0.6000
21 Nov 20244 Dec 2024$1.2025
29 Aug 202411 Sep 2024$1.7960
21 May 20244 Jun 2024$1.5000
15 Apr 202424 Apr 2024$1.3600
21 Nov 20235 Dec 2023$1.4600
28 Aug 202312 Sep 2023$1.5009
22 May 20236 Jun 2023$1.4612
24 Mar 20235 Apr 2023$2.5900
22 Nov 20228 Dec 2022$1.4580
31 Aug 202216 Sep 2022$0.5800

Is today's dividend yield unusually high?

Dividend yield today

12.23%

within the usual range

$4.42 dividend per share over the last twelve months on a price of $36.13

Today 12.23%, on average over fiscal years 2020 to 2025 13.48% (range 7.03 to 29.00%).

The yield is close to the average of recent fiscal years, less than a tenth above or below it.

Since the end of fiscal 2025 on 31 Dec 2025, the dividend has risen more than the price, so the yield has risen.

  • Fiscal year
  • Today, last 12 months

For each fiscal year, the dividend per share for that year divided by the closing price on the last trading day of the fiscal year. The dashed line is the average (median) of the fiscal years.

No dividend is recorded for 2018, 2019, and 2021, either because it was suspended or because the company did not report it. These years do not count towards the average and the range.

The dividend of the last twelve months is well above that of the last fiscal year, for example because of an increase or a special payment. The comparison is therefore only of limited use.

Last twelve months: $4.42 per share, fiscal year 2025: $2.11 per share.

Dividend development

Dividend per share

Payout ratio

  • of earnings
  • of free cash flow
Figures as a table
YearDividend per shareEarnings per share
2006$2.8979$5,097.45
2007$9.1852$17,091.00
2008$2.6819$7,796.10
2009$1.0556−$0.38
2014$0.0199−$5.15
2016$0.3983−$2.27
2017$0.0200$0.04
2020$0.9503$1.27
2022$2.0504$7.03
2023$7.1556$7.75
2024$5.6414$6.54
2025$2.1100$3.01

Data status and sources

Score
Daily value of 13 Nov 2026, recalculated nightly
Price
Closing price of 12 Nov 2026
Latest annual report
Fiscal year 2025, period end 31 Dec 2025
Source
Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.

Mandatory disclosures for this rating

  • ; time horizon around 12 months
  • Rated Strong, published since 7 Nov 2026 (in the score history since 21 Aug 2026)
  • Valuation signal Fairly valued since 7 Nov 2026
  • End-of-day prices, metrics cached for up to 24 hours
  • Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
  • Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
  • Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.

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