TORM plc Class A Common Stock
TRMDTORM 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 |
|---|---|---|---|
| December 3, 2025 | $0.62 | 2025-11-20 | 2025-11-20 |
| 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 |
Dividends Summary
- Consistent Payer: TORM plc Class A Common Stock has rewarded shareholders with 16 dividend payments over the past 8 years.
- Total Returned Value: Investors who held TRMD shares during this period received a total of $17.80 per share in dividend income.
- Latest Payout: The most recent dividend of $0.62/share was paid 51 days ago, on December 3, 2025.
- Yield & Schedule: TRMD currently pays dividends quarterly with an annual yield of 9.01%.
- Dividend Growth: Since 2017, the dividend payout has grown by 3000.0%, from $0.02 to $0.62.
Company News
Oaktree Capital Management completed its acquisition of TORM shares to Hafnia Limited on December 22, 2025. Following the transaction, Oaktree holds 26.4 million A shares and Hafnia holds 14.2 million A shares out of 101.3 million total A shares. TORM's board will now determine the 'threshold date' to assess whether Oaktree has ceased to benefici...
TORM plc released a report detailing securities transactions by directors, executive officers, and their associated persons, with a focus on transparency and regulatory compliance.
TORM plc increased its share capital by 2,395,426 shares following the delivery of an LR2 vessel and exercise of Restricted Share Units as part of its incentive program, with new shares subject to a 40-day lock-up period.
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.
