TORM plc
TRMDEnergy · Stock · quarterly payer
Forward Yield
9.84%
Annual Dividend
$2.80
Payout Ratio
62%
5-Yr Growth
1.2%
Ex-Date
May 28, 2026
Frequency
Quarterly
Summary
As of July 2026, TORM plc (TRMD) yields 9.84% ($2.80 per share annually), with a blended fair-value estimate of $35.65 — +25% upside, so it screens as undervalued. Dividend safety grade: C (54/100).
Is TRMD a good dividend stock?
MixedTORM plc (TRMD) pays a quarterly dividend yielding 9.84% ($2.80/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
- 262% total price return over 5 years
Risks
- Cut its dividend in 2025
- Very high yield can signal elevated risk
Key Data
- Dividend Yield
- 9.84%
- Payout Ratio
- 62%
- Annual Dividend
- $2.80
- 5-Yr Avg Growth
- 1.2%
- Ex-Dividend Date
- May 28, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.01
- Market Cap
- $2.9B
- P/E Ratio
- 8.3
- 5-Yr Total Return
- 262%
- 52-Week Range
- $17.48 – $35.33
- Dividend Safety
- C · 54/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
TRMD Price — Last 12 Months
Daily close
Price Return
1 Year
+31%
3 Years
+15%
5 Years
+262%
52-Week Range
$17.48 – $35.33
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 $35.65 per share, versus a market price of $28.45. That implies 25% of upside — a margin of safety of about 20%.
Fair Value
$35.65
Current Price
$28.45
Upside
+25%
Margin of Safety
20%
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 -10.0% annual free-cash-flow growth. We model -5.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.0% discount rate (CAPM), -5.0% stage-1 growth, 2.5% terminal growth, $3.41 EPS, $2.80 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 |
|---|---|---|---|
| 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 |
| Mar 24, 2023 | — | $2.5900 | regular |
Income Calculator
At $2.80 / yr per share
