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THERMAX

Thermax Ltd

₹2,959.20

Thermax Ltd Dividend 2023 : Should Thermax Ltd be a part of your dividend portfolio?

Thermax Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹35,407.89Cr. Its share price is ₹2,959.20 as on 25 September,2023.

The dividend is a percentage of earnings paid out to shareholders. Last year, Thermax Ltd gave ₹19 for the full year, but should it be a part of your investments that give good dividends?

Key Highlights

  • Industrials stocks do not always pay a dividend but as Thermax Ltd pays dividends to reward its shareholders.
  • In the quarter ending March 2023, Thermax Ltd has declared dividend of ₹10 - translating a dividend yield of 0.64%.

Let's look at Thermax Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

  • Thermax Ltd’s revenue were ₹1,986.02Cr in the quarter ending June 2023. The revenue grew by 18.57% year on year basis since last quarter.
  • Thermax Ltd’s profits were ₹58.88Cr in the quarter ending June 2023. The profits fell by -0.12% year on year basis since last quarter.
  • Thermax Ltd’s dividend was ₹10 in the quarter ending March 2023.

Thermax Ltd Dividend related ratios:

  • Last dividend date: 17/05/2023
  • Current Dividend Yield: 0.64%
  • Annual dividend payment: ₹19

Thermax Ltd Dividend v/s Thermax Ltd Share price

History of Thermax Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
21/07/2023
CASH
₹10
17/05/2023
21/07/2023
21/07/2022
CASH
₹9
20/05/2022
22/07/2022
22/07/2021
CASH
₹7
25/05/2021
23/07/2021
20/03/2020
CASH
₹7
13/03/2020
23/03/2020
25/07/2019
CASH
₹7
22/05/2019
27/07/2019
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FAQs

Thermax Ltd current market price is ₹2,959.20 per share

Thermax Ltd has declared dividend worth ₹10 in the last year.

Thermax Ltd has declared dividend worth ₹10 in the latest quarter.

Thermax Ltd has declared dividend on 17/05/2023 of ₹10.

Thermax Ltd has declared dividend 1 times of ₹10 in the current financial year (FY2023-2024)

Thermax Ltd has declared dividend 1 times of ₹9 in the previous financial year (FY2022-2023)