DIVIDEND ANNOUNCEMENT: Cl A/TORM Plc (NASDAQ:TRMD) on 05/08/2024 declared a dividend of $1.5000 per share

Cl A/TORM Plc (NASDAQ:TRMD) on 05/08/2024 declared a dividend of $ 1.5000 per share payable on June 04, 2024 to shareholders of record as of May 22, 2024. Dividend amount recorded is an increase of $ 0.14 from last dividend Paid.

Cl A/TORM Plc (NASDAQ:TRMD) has paid dividends since 1970, has a current dividend yield of 7.7870025635% and has increased its dividends for 1 successive years.

Cl A/TORM Plc's market cap is $ 2,614,720,080 and has a PE ratio of 4.67. The stock price closed yesterday at $ 34.93 and has a 52 week low/high of $ 22.31 and $ 37.11.

TORM is a carrier of refined oil products. Co.'s activities are primarily the transportation of clean petroleum products, such as gasoline, jet fuel, kerosene, naphtha and gas oil, and occasionally dirty petroleum products, such as fuel oil. Co. has an in-house operating and management platform which performs commercial, administrative and technical management for its vessels. Through this platform, Co. handles the commercial management of all its vessels and the technical management of all its owned vessels. Co. conducts all vessel sale and purchase activities in-house, utilizing relationships with shipbrokers, shipyards, financial institutions and other shipowners.

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