Trustmark Corporation operates as the bank holding company for Trustmark National Bank that provides banking and other financial solutions to individuals and corporate institutions in the United States. The company operates through three segments: General Banking, Wealth Management, and Insurance. It offers checking, savings, and money market accounts; certificates of deposits and individual retirement accounts; financing for commercial and industrial projects, income-producing commercial real estate, owner-occupied real estate, and construction and land development; and installment and real estate loans, and lines of credit, as well as treasury management services. The company also provides mortgage banking services, including construction financing, production of conventional and government-insured mortgages, and secondary marketing and mortgage servicing. In addition, it provides wealth management and trust services, such as administration of personal trusts and estates; management of investment accounts for individuals, employee benefit plans, and charitable foundations; and corporate trust and institutional custody, securities brokerage, financial and estate planning, retirement plan, and investment management services. Further, the company offers business insurance products and services for medical professionals, construction, manufacturing, hospitality, real estate, and group life and health plans; and life and health insurance, and personal line policies for individual customers. As of December 31, 2021, it operated 167 full-service branches and 13 limited service branches; and 198 automated teller machines and 69 interactive teller machines. The company was founded in 1889 and is headquartered in Jackson, Mississippi.
Trustmark Dividend Announcement
• Trustmark announced a quarterly dividend of $0.23 per ordinary share which will be made payable on 2024-12-15. Ex dividend date: 2024-11-29
• Trustmark annual dividend for 2024 was $0.92
• Trustmark annual dividend for 2023 was $0.92
• Trustmark's trailing twelve-month (TTM) dividend yield is 2.71%
• Trustmark's payout ratio for the trailing twelve months (TTM) is 27.98%
Trustmark Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-29 | $0.23 | quarterly | 2024-12-15 |
| 2024-08-30 | $0.23 | quarterly | 2024-09-15 |
| 2024-05-31 | $0.23 | quarterly | 2024-06-15 |
| 2024-02-29 | $0.23 | quarterly | 2024-03-15 |
| 2023-11-30 | $0.23 | quarterly | 2023-12-15 |
| 2023-08-31 | $0.23 | quarterly | 2023-09-15 |
| 2023-05-31 | $0.23 | quarterly | 2023-06-15 |
| 2023-02-28 | $0.23 | quarterly | 2023-03-15 |
| 2022-11-30 | $0.23 | quarterly | 2022-12-15 |
| 2022-08-31 | $0.23 | quarterly | 2022-09-15 |
| 2022-05-31 | $0.23 | quarterly | 2022-06-15 |
| 2022-02-28 | $0.23 | quarterly | 2022-03-15 |
| 2021-11-30 | $0.23 | quarterly | 2021-12-15 |
| 2021-08-31 | $0.23 | quarterly | 2021-09-15 |
| 2021-05-28 | $0.23 | quarterly | 2021-06-15 |
| 2021-02-26 | $0.23 | quarterly | 2021-03-15 |
| 2020-11-30 | $0.23 | quarterly | 2020-12-15 |
| 2020-08-31 | $0.23 | quarterly | 2020-09-15 |
| 2020-05-29 | $0.23 | quarterly | 2020-06-15 |
| 2020-02-27 | $0.23 | quarterly | 2020-03-15 |
| 2019-11-27 | $0.23 | quarterly | 2019-12-15 |
| 2019-08-29 | $0.23 | quarterly | 2019-09-15 |
| 2019-05-30 | $0.23 | quarterly | 2019-06-15 |
| 2019-02-28 | $0.23 | quarterly | 2019-03-15 |
| 2018-11-29 | $0.23 | quarterly | 2018-12-15 |
| 2018-08-30 | $0.23 | quarterly | 2018-09-15 |
| 2018-05-31 | $0.23 | quarterly | 2018-06-15 |
| 2018-02-28 | $0.23 | quarterly | 2018-03-15 |
| 2017-11-30 | $0.23 | quarterly | 2017-12-15 |
| 2017-08-30 | $0.23 | quarterly | 2017-09-15 |
| 2017-05-30 | $0.23 | quarterly | 2017-06-15 |
| 2017-02-27 | $0.23 | quarterly | 2017-03-15 |
| 2016-11-29 | $0.23 | quarterly | 2016-12-15 |
| 2016-08-30 | $0.23 | quarterly | 2016-09-15 |
| 2016-05-27 | $0.23 | quarterly | 2016-06-15 |
| 2016-02-26 | $0.23 | quarterly | 2016-03-15 |
| 2015-11-27 | $0.23 | quarterly | 2015-12-15 |
| 2015-08-28 | $0.23 | quarterly | 2015-09-15 |
| 2015-05-28 | $0.23 | quarterly | 2015-06-15 |
| 2015-02-25 | $0.23 | quarterly | 2015-03-15 |
| 2014-11-26 | $0.23 | quarterly | 2014-12-15 |
| 2014-08-27 | $0.23 | quarterly | 2014-09-15 |
| 2014-05-28 | $0.23 | quarterly | 2014-06-15 |
| 2014-02-26 | $0.23 | quarterly | 2014-03-15 |
| 2013-11-26 | $0.23 | quarterly | 2013-12-15 |
| 2013-08-28 | $0.23 | quarterly | 2013-09-15 |
| 2013-05-29 | $0.23 | quarterly | 2013-06-15 |
| 2013-02-27 | $0.23 | quarterly | 2013-03-15 |
Trustmark Dividend per year
Trustmark Dividend growth
Trustmark Dividend Yield
Trustmark current trailing twelve-month (TTM) dividend yield is 2.71%. Interested in purchasing Trustmark stock? Use our calculator to estimate your expected dividend yield:
Trustmark Financial Ratios
P/E ratio10.25
PEG ratio-5.84
P/B ratio1.05
ROE11.26%
Payout ratio27.98%
Current ratio0.72
Quick ratio0.72
Cash Ratio0.23
Trustmark Dividend FAQ
How much is the next Trustmark dividend?
Trustmark's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Trustmark dividend. The next Trustmark dividend will be released in February, May, August, or November.
When is Trustmark dividend paid?
Trustmark pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Trustmark pay?
The specific amount of Trustmark dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Trustmark's dividend history.
Does Trustmark stock pay dividends?
Yes, Trustmark does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Trustmark's dividend history.
How much dividend does Trustmark pay?
Trustmark paid $0.92 in 2024, $0.92 in 2023, $0.92 in 2022, $0.92 in 2021, and $0.92 in 2020.
How often does Trustmark pay dividends?
Trustmark typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is Trustmark's dividend yield?
The current dividend yield for Trustmark is 2.71%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Trustmark's exact dividend yield.
When does Trustmark go ex dividend?
Trustmark's ex-dividend date for the latest dividend was on 2024-11-29. Trustmark typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Trustmark dividend paid?
Trustmark pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Trustmark increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Trustmark will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Trustmark dividend per share?
Trustmark paid $0.92 per share in 2024 and $0.92 per share in 2023. The amount of dividend per share that Trustmark pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Trustmark a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Trustmark a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Trustmark a dividend stock?
Yes, Trustmark is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Trustmark a good dividend stock?
Whether Trustmark is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Trustmark has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Trustmark as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Trustmark as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Trustmark pay dividends monthly?
Trustmark typically pays dividends on a quarterly basis.
Does Trustmark pay dividends quarterly?
Trustmark currently pays dividends on a quarterly basis.
Has Trustmark ever paid a dividend?
Yes, Trustmark has a history of paying dividends to its shareholders. Trustmark is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Trustmark dividend stocks?
To buy Trustmark you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Trustmark stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Trustmark stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Trustmark pay dividends 2024?
Trustmark pays dividends on a quarterly basis. 2024 dividend payments are in 2024-12-15. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Trustmark increase its dividend in 2024?
Decisions regarding Trustmark dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Trustmark dividend overview you can look into the above table of dividend history.
How Trustmark dividend works?
The Trustmark dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Trustmark's dividend process works:
1. Determination of Dividend: Trustmark's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Trustmark publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Trustmark distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Trustmark are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Trustmark's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Trustmark publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Trustmark distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Trustmark are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Trustmark dividends paid?
Trustmark dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Trustmark sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Trustmark distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Trustmark declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Trustmark sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Trustmark distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Trustmark declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Trustmark pay dividends?
Trustmark typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Trustmark pay dividends?
The general pattern is that Trustmark pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Trustmark dividend safe?
The safety of Trustmark's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Trustmark's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Trustmark's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Trustmark's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Trustmark's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.