Thermax Limited Stock Dividends
Thermax Limited Stock Dividends Overview
THERMAX.NS pays dividends yearly. Last paid amount was ₹10.00 at Jul 21, 2023. As of today, dividend yield (TTM) is 0.82%.
Dividend Yield Range
AI Analysis of THERMAX.NS
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 0.82% |
|---|---|
| Frequency | Yearly |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | ₹10.00 |
| Next Ex-Dividend Date | Jul 05, 2024 |
| Next Payment Date | Jul 05, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from THERMAX the purchase should be done within the next 15 days.
Here's a simple guide on how to buy THERMAX stock.
THERMAX Dividend Payout History
To ensure a understanding of THERMAX's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jul 05, 2024 | Jul 05, 2024 | Jul 05, 2024 | ₹12.00 | 0.228% |
| 2 | Jul 21, 2023 | Jul 21, 2023 | Jul 21, 2023 | ₹10.00 | 0.405% |
| 3 | Jul 20, 2023 | Jul 20, 2023 | Jul 20, 2023 | ₹10.00 | 0.411% |
| 4 | Jul 21, 2022 | Jul 21, 2022 | Jul 21, 2022 | ₹9.00 | 0.412% |
| 5 | Jul 22, 2021 | Jul 22, 2021 | Jul 22, 2021 | ₹7.00 | 0.491% |
| 6 | Mar 03, 2020 | Mar 20, 2020 | Mar 27, 2020 | ₹7.00 | 0.92% |
| 7 | May 22, 2019 | Jul 25, 2019 | Aug 14, 2019 | ₹7.00 | 0.650% |
| 8 | May 18, 2018 | Jul 26, 2018 | Sep 07, 2018 | ₹6.00 | 0.601% |
| 9 | May 30, 2017 | Jul 27, 2017 | Sep 07, 2017 | ₹6.00 | 0.684% |
| 10 | May 25, 2016 | Jul 28, 2016 | Sep 09, 2016 | ₹6.00 | 0.705% |
Dividend Sustainability
With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.
Sustainability score
Growth potential
THERMAX Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from THERMAX dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in THERMAX stock here.
Comparing THERMAX to Sector and Country
THERMAX.NS pays a solid dividend yield of 0.82%, which is higher than the average of the bottom 25% of dividend payers in the IN market (0.163%). THERMAX.NS’s dividend yield is lower than the average of the top 25% of dividend payers in the Industrials sector in the IN market (2.54%), which means that there are more attractive dividend stocks to consider.
