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
History of Thermax Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD 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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