Abstract: A novel tubular trotline fishhook holder and dispenser comprising a handle portion removably clampable to a transom of a boat and a hook storage compartment extending from one end of the handle portion at an obtuse angle therewith. The storage compartment is provided with a shaft extending longitudinally thereof for supporting the bend portions of the hooks on spaced stringers of the trotline in one direction with one end of the shaft being fixedly attached interiorly of the holder adjacent the handle portion and extending outwardly of the free end of the storage compartment and being movable laterally of the holder for aiding in removing the hooks from the holder.