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Dividend of Thermax Ltd

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Thermax Ltd

NSE: THERMAX

Dividend Payout (Final)

₹ 12

Ex-Dividend Date: Jul 05, 2024

Key Highlights

  • Thermax Ltd dividend yield is 0.32%.
  • Thermax Ltd has declared 6 dividends since 2019.
  • In the past 12 months, Thermax Ltd has given a dividend of ₹12.00 per share.
  • The Latest Trading Price of Thermax Ltd is ₹ 3737 as of 14 Jan 15:30 .

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Monitoring Thermax Ltd share price can help you stay informed about potential market shifts and opportunities.

Historical Dividend Payouts of Thermax Ltd

Fiscal Year
leftDividend Payout (₹)right
2023-2412
2022-2310
2021-229
2020-217
2019-207

Overview of Dividend

  • <h2><strong>Types of Dividend</strong></h2><br> <h3>Special Dividend</h3> <p>A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.</p> <br> <h3>Preferred Dividend</h3> <p>A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.</p> <br> <h3>Interim Dividend</h3> <p>Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.</p> <br> <h3>Final Dividend</h3> <p>A final dividend is issued after the year's accounts have been compiled.
  • Aside from this, the following list highlights the most prevalent sorts of dividends:</p> <br>.

Types of Dividend


Special Dividend

A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.


Preferred Dividend

A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.


Interim Dividend

Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.


Final Dividend

A final dividend is issued after the year's accounts have been compiled. Aside from this, the following list highlights the most prevalent sorts of dividends:


Dividend Yield Comparison With Top Peers

* All values are in %

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Thermax Ltd

NSE: THERMAX

Share Price

₹ 3737.55

99.15 (2.73%)

stock direction

Last updated on: Jan 14, 2025

Company Fundamentals for Thermax Ltd

Dividend Payout Over Time

No data available

Net Profit Vs Dividend Per Share

SWOT Analysis Of Thermax Ltd

Strength

3

che

Weakness

1

che

Opportunity

0

che

Threats

1

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BlinkX Score for Thermax Ltd

Historical Market Cap of Thermax Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Thermax Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Thermax Ltd News Hub

Thermax Q1 PAT soars 97% YoY to Rs 116 cr

Revenue from operations stood at Rs 2,184.41 crore during the quarter, grew by 13.01% year on year.

Read more

2024-08-02 00:00:00

Board of Thermax approves issuance of guarantee on behalf of Thermax (Thailand)

The Board of Thermax at its meeting held on 1 August 2024 has approved issuance of guarantee for an

Read more

2024-08-01 00:00:00

Board of Thermax approves investment of USD 2.8 mn in Thermax Thailand

The Board of Thermax at its meeting held on 1 August 2024 has approved additional equity investment

Read more

2024-08-01 00:00:00

Thermax consolidated net profit rises 96.69% in the June 2024 quarter

Net profit of Thermax rose 96.69% to Rs 115.81 crore in the quarter ended June 2024 as against Rs 58

Read more

2024-08-01 00:00:00

About Thermax Ltd

  • Incorporated in 1966 as Wanson India by A.S. Bhathena, Thermax Group is a Rs. 8,090 crore company headquartered in Pune, India.
  • The Company offers integrated solutions in heating, cooling, power generation, water treatment and recycling, air pollution control and chemicals, with an emphasis on ensuring clean air, clean energy and clean water.
  • As a one-stop utility solutions provider, Thermax extends comprehensive operations and maintenance support allied to each of its business verticals as well as a multitude of several specialised services, including retrofitting, revamping, upgrading, and auditing. Additionally, the Company has expanded its services portfolio by introducing digital solutions catering to all asset lifecycle need for a diverse range of its products.
  • It operate globally through 34 international and 22 domestic offices, 14 manufacturing facilities - 10 in India and 4 overseas, spanning Europe and South East Asia.

FAQs for Dividends of Thermax Ltd

What is the current market price of Thermax Ltd as of January 15, 2025?

The current market price of Thermax Ltd stands at 3737.6 per share.

What dividend did Thermax Ltd declare in the last fiscal year?

In the last fiscal year, Thermax Ltd declared a dividend totaling ₹10.0.

What is the most recent dividend declared by Thermax Ltd?

Thermax Ltd has declared dividend worth ₹0.0 in the latest quarter..

How many times has Thermax Ltd declared dividends in the current fiscal year?

Thermax Ltd has declared dividends 2 times totaling ₹0 in the current fiscal year (FY2024-2025).

How many times did Thermax Ltd declare dividends in the previous fiscal year?

In the previous fiscal year (FY2023-2024), Thermax Ltd declared dividends 4 times totaling ₹10.0.

What is Dividend Yield of Thermax Ltd?

The Thermax Ltd's Dividend Yield is 0.3 as of January 15, 2025

Will I get Thermax Ltd dividend if I have shares?

If you purchase Thermax Ltd stock on or after its ex-dividend date, you won’t receive the next dividend; the seller will. Buy before the ex-dividend date to receive the dividend.

Do I lose my Thermax Ltd dividend if I sell my shares?

Shareholders who sell their Thermax Ltd stock before the ex-dividend date do not receive the dividend.

How do I check if I am eligible for a Thermax Ltd dividend?

To be eligible for the Thermax Ltd dividend, you must buy the stock no later than one day before the ex-dividend date.

Is Thermax Ltd dividend automatically credited to a bank account?

If your bank mandate is registered with the registrar, the Thermax Ltd dividend amount will be automatically credited to your bank account.

Will I get Thermax Ltd dividend if I have shares?

If you purchase Thermax Ltd stock on or after its ex-dividend date, you won’t receive the next dividend; the seller will. Buy before the ex-dividend date to receive the dividend.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.

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