THERMAX

Thermax Ltd

₹3,328.55

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 ₹39,756.50Cr. Its share price is ₹3,328.55 as on 20 February,2025.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 0.66%.

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 ₹2,539.27Cr in the quarter ending December 2024. The revenue grew by 1.21% year on year basis since last quarter.
Thermax Ltd’s profits were ₹115.90Cr in the quarter ending December 2024. The profits fell by -51.37% 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: 0.66%
Annual dividend payment: ₹22

History of Thermax Ltd's Dividend payments

Ex/EFF DATE	TYPE	CASH AMOUNT	DECLARATION DATE	RECORD 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