Thermax Ltd Dividend History

Thermax Ltd declared a dividend of ₹14.00 per share on 7 May 2026, with a record date of 3 Jul 2026.

To receive the Thermax Ltd dividend, you must hold THERMAX shares before the ex-date of 3 Jul 2026. Under T+1 settlement, buying on the ex-date itself makes you ineligible. The dividend is credited to your linked bank account within 30 days of the record date.

Thermax Ltd pays one dividend per financial year, typically declared after Q4 board meeting results.

Thermax Ltd's current dividend yield is 0.50%. This is relatively low — Thermax Ltd is primarily a capital appreciation stock rather than a high-dividend one.

Dividends from Thermax Ltd are taxable as income from other sources at your applicable income tax slab rate. TDS at 10% is deducted at source if your total dividend income from Thermax Ltd exceeds ₹10,000 in a financial year. NRI investors are subject to 20% TDS or applicable DTAA rate. You can claim TDS credit when filing your ITR.