Torm PLC Class A Dividends

The next dividend date for Torm PLC Class A has not yet been scheduled.

What is a Dividend Date

When we talk about a dividend date, we’re referring specifically to the ex-dividend date.

This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.

The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.

Most brokerages will automatically credit the dividend to your account once it’s issued.

Historical Dividends for Torm PLC Class A (TRMD)

DateDeclaration DateRecord DatePayment DateAmount
08/22/202508/13/202508/22/202509/03/2025$0.40
05/22/202505/08/202505/22/202506/04/2025$0.40
03/20/202503/06/202503/20/202504/02/2025$0.60
11/21/202411/07/202411/21/202412/04/2024$1.20
08/29/202408/15/202408/29/202409/11/2024$1.80
05/21/202405/08/202405/22/202406/04/2024$1.50
04/15/202403/07/202404/16/202404/24/2024$1.36
11/21/202311/10/202311/22/202312/05/2023$1.46
08/28/202308/17/202308/29/202309/12/2023$1.50
05/22/202305/11/202305/23/202306/06/2023$1.46
03/24/202303/16/202303/27/202304/05/2023$2.59
11/22/202211/10/202211/23/202212/08/2022$1.46
08/31/202208/18/202209/01/202209/16/2022$0.58
08/26/202008/17/202008/27/202009/10/2020$0.85
05/01/2020---------$0.10
04/17/202004/28/202004/20/202005/06/2020$0.10

More About Torm PLC Class A

Country
USA
Full Time Employees
479

TORM plc, a shipping company, owns and operates a fleet of product tankers in the United Kingdom. It operates in two segments, Tanker and Marine Engineering. The Tanker segment transports refined oil products, such as gasoline, jet fuel, kerosene, naphtha, and gas oil, as well as dirty petroleum products, including fuel oil. The Marine Engineering segment engages in developing and producing advanced and green marine equipment. TORM plc was founded in 1889 and is based in London, the United Kingdom.

Owning Torm PLC Class A Stock on the Dividend Date

If you own Torm PLC Class A stock on the ex-dividend date, then you earn the associated dividend.

Theoretically, the price of Torm PLC Class A stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Torm PLC Class A stock).

Therefore, it is typically not expected that there is any incremental profit to be gained from buying Torm PLC Class A stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Torm PLC Class A dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.

Learning More Torm PLC Class A Dividends

You can contact us any time if you would like to ask questions about Torm PLC Class A dividends or anything else related to the stock market.