TORM plc Class A Common Stock (TRMD)
TORM plc Class A (TRMD) is a shipping company specializing in the transportation of refined oil products. Headquartered in Ireland, TORM operates a fleet of modern tankers globally, providing essential logistics services within the oil and energy sectors. The company focuses on fuel efficiency and environmental sustainability while delivering reliable shipping solutions.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| September 3, 2025 | $0.40 | 2025-08-22 | 2025-08-22 |
| June 4, 2025 | $0.40 | 2025-05-22 | 2025-05-22 |
| April 2, 2025 | $0.60 | 2025-03-20 | 2025-03-20 |
| December 4, 2024 | $1.20 | 2024-11-21 | 2024-11-21 |
| September 11, 2024 | $1.80 | 2024-08-29 | 2024-08-29 |
Dividends Summary
- TORM plc Class A Common Stock has issued 15 dividend payments over the past 8 years
- The most recent dividend was paid 17 days ago, on September 3, 2025
- The highest dividend payed out to investors during this period was $2.59 per share
- The average dividend paid during this period was $1.15 per share.
Company News
Hafnia Limited announced that Oaktree Capital Management will sell approximately 14.1 million A shares in TORM, representing 14.45% of TORM's issued share capital at USD 22 per share, subject to definitive agreement and regulatory approvals.
Torm reported strong Q2 2025 financial results, beating analyst expectations with $315.2 million revenue and $0.60 EPS. The company raised its full-year guidance for time charter equivalent earnings and EBITDA, though its dividend remains variable.
TORM stock is still undervalued and positioned for growth in the product tanker market. Read the article for more details about TRMD stock.
A number of tanker stocks are well positioned to benefit from the fallout from the disruption to Red Sea shipping caused by the Houthi attacks on cargo ships, according to Evercore ISI.
TORM PLC (TRMD) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.
