Torm (TRMD) Dividend Coverage Ratio (2016 - 2026)
Torm (TRMD) posted Dividend Coverage Ratio of 4.72 for Q2 2026, down 175.62% on a QoQ basis from 1.71 in Q1 2026.
Analysis
Torm (TRMD) Dividend Coverage Ratio (2016 - 2026) Analysis & Trends
Torm has reported Dividend Coverage Ratio for 6 years, with the latest figure at 4.72 in Q2 2026.
- On a quarterly basis, Dividend Coverage Ratio changed N/A year-over-year to 4.72 in Q2 2026; TTM through Jun 2026 was 0.65, a N/A change from a year earlier, with the FY2025 full-year figure at 1.43, down 29.06% from the prior year.
- Dividend Coverage Ratio was 4.72 for Q2 2026 at Torm, down from 1.71 in the prior quarter.
- The five-year high for Dividend Coverage Ratio was 0.55 in Q2 2023, with the low at 4.72 in Q2 2026.
- Average Dividend Coverage Ratio over 3 years is 2.54, with a median of 1.71 recorded in 2026.
- The largest YoY upside for Dividend Coverage Ratio was 78.61% in 2023 against a maximum downside of 74.16% in 2023.
- Over 3 years, Dividend Coverage Ratio stood at 4.17 in 2022, then soared by 74.16% to 1.08 in 2023, then sank by 338.33% to 4.72 in 2026.
- The last three Dividend Coverage Ratio figures came in at 4.72 (Q2 2026), 1.71 (Q1 2026), and 1.08 (Q4 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | -1.91 |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | - |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | 11.76 |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | 1.31 |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | -1.95 |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | - |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | -19.94 |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | 0.97 |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | -4.72 |
| 10 | ZIM Integrated Shipping Services | 3.44 Bn | 2.41 Bn | 255.00 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -4.72 |
| Mar 31, 2026 | -1.71 |
| Dec 31, 2023 | -1.08 |
| Sep 30, 2023 | -0.98 |
| Jun 30, 2023 | -0.55 |
| Dec 31, 2022 | -4.17 |
| Sep 30, 2022 | -4.59 |
| Dec 31, 2020 | 0.54 |
| Sep 30, 2020 | -0.02 |
| Jun 30, 2020 | -9.69 |
| Dec 31, 2017 | -3.71 |
| Sep 30, 2017 | 3.00 |
| Dec 31, 2016 | 5.64 |