TORM plc vs Utilities Select Sector SPDR Fund — how do they compare? TORM plc trades at $29.89 (market cap $2.99B), while Utilities Select Sector SPDR Fund trades at $44.86. The key difference: TORM plc pays a 9.62% dividend while Utilities Select Sector SPDR Fund pays none, and TORM plc is trading nearer its 52-week high, Utilities Select Sector SPDR Fund nearer its low. Which is the better fit depends on your goals.
| TRMD | XLU | |
|---|---|---|
Market Cap | $2.99B | — |
Sector | Technology | — |
52-Week High | $34.87 | $47.73 |
52-Week Low | $17.50 | $41.31 |
Enterprise Value | $3.88B | — |
Dividend Yield | 9.62% | — |
Trailing returns across standard periods
TORM plc is one of the world's largest owners and operators of product tankers, specializing in the transportation of refined oil products like gasoline, jet fuel, and diesel. Operating under its integrated 'One TORM' model, the company maintains a modern, wholly-owned fleet of nearly 90 vessels. It is widely recognized by investors for its aggressive variable dividend policy, which returns a significant portion of its cash flow directly to shareholders during periods of high freight rates.
Read more on TRMD →In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes securities of companies from the following industries: electric utilities; water utilities; multi-utilities; independent power and renewable electricity producers; and gas utilities. The fund is non-diversified.
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