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 |
|---|---|---|---|
| June 11, 2026 | $0.70 | 2026-05-28 | 2026-05-28 |
| March 25, 2026 | $0.70 | 2026-03-12 | 2026-03-12 |
| 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 |
Dividends Summary
- Consistent Payer: TORM plc Class A Common Stock has rewarded shareholders with 18 dividend payments over the past 9 years.
- Total Returned Value: Investors who held TRMD shares during this period received a total of $19.20 per share in dividend income.
- Latest Payout: The most recent dividend of $0.70/share was paid 37 days ago, on June 11, 2026.
- Yield & Schedule: TRMD currently pays dividends quarterly with an annual yield of 8.51%.
- Dividend Growth: Since 2017, the dividend payout has grown by 3400.0%, from $0.02 to $0.70.
- Dividend Reliability: TRMD has maintained or increased its dividend for 5 consecutive payments.
Company News
Three companies have announced significant dividend increases, attracting income-focused investors amid geopolitical tensions and stable interest rates. HSBC announced a 350% dividend increase with a yield over 4%, Crown Holdings increased its dividend by 34.62% to 1.22% yield, and Torm A/S boosted its dividend by 34.62% to a 9.6% yield. These mo...
Oaktree Capital Group Holdings GP, LLC has informed TORM plc that OCM Njord Holdings S.à r.l. holds 23,839,575 shares, representing 23.39% of TORM's total share capital and voting rights. This major shareholder announcement is made in accordance with Danish Capital Markets Act section 30.
Senior executives from leading dry bulk, gas (LNG/LPG), and tanker shipping companies will present at the 20th Annual Capital Link International Shipping Forum on March 9, 2026, in New York City. The event features panel discussions on shipping market trends, energy transition, global trade, ship finance, and strategic innovation, with participat...
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.
