Thermax Ltd logo

THERMAX

Thermax Ltd

₹5,257.80

Thermax Ltd Dividend 2024 : 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 ₹63,332.17Cr. Its share price is ₹5,257.80 as on 18 June,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Thermax Ltd gave ₹22 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 2024, Thermax Ltd has declared dividend of ₹12 - translating a dividend yield of 0.42%.

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 ₹2,819.08Cr in the quarter ending March 2024. The revenue grew by 19.02% year on year basis since last quarter.
  • Thermax Ltd’s profits were ₹190.33Cr in the quarter ending March 2024. The profits grew by 22.01% year on year basis since last quarter.
  • Thermax Ltd’s dividend was ₹12 in the quarter ending March 2024.

Thermax Ltd Dividend related ratios:

  • Last dividend date: 10/05/2024
  • Current Dividend Yield: 0.42%
  • Annual dividend payment: ₹22

Thermax Ltd Dividend v/s Thermax Ltd Share price

History of Thermax Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
05/07/2024
CASH
₹12
10/05/2024
05/07/2024
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
View More

FAQs

Thermax Ltd current market price is ₹5,257.80 per share

Thermax Ltd has declared dividend worth ₹12 in the last year.

Thermax Ltd has declared dividend worth ₹12 in the latest quarter.

Thermax Ltd has declared dividend on 10/05/2024 of ₹12.

Thermax Ltd has declared dividend 1 times of ₹12 in the current financial year (FY2024-2025)

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