Torm Dividend Yield from 2010 to 2024

TRMD Stock  USD 20.94  0.15  0.71%   
Torm PLC's Dividend Yield is decreasing over the years with slightly volatile fluctuation. Overall, Dividend Yield is expected to go to 0.24 this year. Dividend Yield is a financial ratio that shows how much Torm PLC Class pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share. View All Fundamentals
 
Dividend Yield  
First Reported
2010-12-31
Previous Quarter
0.2243339
Current Value
0.24
Quarterly Volatility
0.25689264
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Torm PLC financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Torm PLC's main balance sheet or income statement drivers, such as Total Revenue of 809.6 M, Gross Profit of 917.8 M or Other Operating Expenses of 686.5 M, as well as many indicators such as Price To Sales Ratio of 2.32, Dividend Yield of 0.24 or PTB Ratio of 1.9. Torm financial statements analysis is a perfect complement when working with Torm PLC Valuation or Volatility modules.
  
Check out the analysis of Torm PLC Correlation against competitors.

Latest Torm PLC's Dividend Yield Growth Pattern

Below is the plot of the Dividend Yield of Torm PLC Class over the last few years. Dividend Yield is Torm PLC Class dividend as a percentage of Torm PLC stock price. Torm PLC Class dividend yield is a measure of Torm PLC stock productivity, which can be interpreted as interest rate earned on an Torm PLC investment. It is a financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share. Torm PLC's Dividend Yield historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Torm PLC's overall financial position and show how it may be relating to other accounts over time.
Dividend Yield10 Years Trend
Slightly volatile
   Dividend Yield   
       Timeline  

Torm Dividend Yield Regression Statistics

Arithmetic Mean0.24
Geometric Mean0.10
Coefficient Of Variation105.46
Mean Deviation0.21
Median0.13
Standard Deviation0.26
Sample Variance0.07
Range0.6383
R-Value(0.45)
Mean Square Error0.06
R-Squared0.20
Significance0.09
Slope(0.03)
Total Sum of Squares0.92

Torm Dividend Yield History

2024 0.24
2023 0.22
2021 0.072
2018 0.13
2017 0.002319
2015 0.0443

About Torm PLC Financial Statements

Torm PLC stakeholders use historical fundamental indicators, such as Torm PLC's Dividend Yield, to determine how well the company is positioned to perform in the future. Although Torm PLC investors may analyze each financial statement separately, they are all interrelated. For example, changes in Torm PLC's assets and liabilities are reflected in the revenues and expenses on Torm PLC's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Torm PLC Class. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Dividend Yield 0.22  0.24 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Torm PLC Class is a strong investment it is important to analyze Torm PLC's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Torm PLC's future performance. For an informed investment choice regarding Torm Stock, refer to the following important reports:
Check out the analysis of Torm PLC Correlation against competitors.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Torm PLC. If investors know Torm will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Torm PLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.05)
Dividend Share
5.86
Earnings Share
8.08
Revenue Per Share
18.109
Quarterly Revenue Growth
0.039
The market value of Torm PLC Class is measured differently than its book value, which is the value of Torm that is recorded on the company's balance sheet. Investors also form their own opinion of Torm PLC's value that differs from its market value or its book value, called intrinsic value, which is Torm PLC's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Torm PLC's market value can be influenced by many factors that don't directly affect Torm PLC's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Torm PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Torm PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Torm PLC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.