1Wk·

TORM - any news?

$TRMD A (+0.08%) - The share price has been rising more steadily for half a month now. Is there any news/rumors, or have people bought the share because of the upcoming dividend payment?

10 Comments

felipe estupendo@felipeestupendo

Up 10% in total and already received a net dividend of €50. I like my Torm. And if it ever goes into the red, these fleets always pay out dividends, which I can continue to invest in current low-cost dividend stocks. It helps to keep the cash flow going. I think that when the war comes to an end, they will also drive more oil, chemicals and the like. TORM has high margins before interest, taxes, depreciation and amortization (EBITDA) and is regarded as one of the most attractive on the market in terms of valuation based on the company's earnings. However, according to analysts, it is valued at around €19, i.e. €1 above the current share price. At least it does not appear to be overpriced... 🤔

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Rentenfuchs@Rentenfuchs

Hmmm Unfortunately, I've had the TORM share in my portfolio for a long time. I'm still in the red, not counting the dividend. I think the share will continue to rise in the longer term, as the company values are not bad at all and the company is undervalued. Or do you see it differently?

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Garfield@Bonus

Are there really people who buy shares because of upcoming dividend payments?

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Dividendenopi👴@Dividendenopi

@Bonus Stock market online readers 😇. It feels like 5 times a day there's a post a la get in now and secure big dividends this week 🤷‍♂️. I took advantage of the rise in recent weeks and got out on the ex-dividend day when my total return was positive. I had been tempted by the high dividends in the past. If they reduce the last quarterly dividend in the same way, the yield will be in single figures.

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felipe estupendo@felipeestupendo

@Bonus No, only for permanent ones.

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