Thermax Ltd initiates Special Dividend to reward investors in 2026
0.4%
Div. Yield
20.94%
Payout Rat.
Thermax Ltd has announced an Special Dividend for the year 2026, paying ₹6.00 per share. To qualify for this dividend, investors must own shares before July 2, 2026, the ex-dividend date. With its stock priced at ₹4696.40, this payout is expected to be positively received by the market.
In 2025, Thermax Ltd rewarded its shareholders with a Final Dividend of ₹14.00 per share. The company’s dividend payout ratio of 20.94% reflects its commitment to distributing profits while maintaining strong financial health. With a dividend yield of 0.40%, investors can gauge the return relative to the stock price.
Dividend Yield History
| Year | Yield |
|---|---|
| 2026 | 0.4% |
| 2025 | 0.40% |
| 2024 | 0.23% |
| 2023 | 0.41% |
| 2022 | 0.43% |
| 2021 | 0.50% |
| 2020 | 1.01% |
Dividend Payment History
| Ex-Div Date | Amount | Type | Share Price |
|---|---|---|---|
| July 2, 2026 | ₹6.00 | Special Dividend | ₹4696.4 |
| July 3, 2025 | ₹14.00 | Final Dividend | ₹3531.4 |
| July 4, 2024 | ₹12.00 | Dividend | ₹5289 |
| July 20, 2023 | ₹10.00 | Dividend | ₹2433.45 |
| July 20, 2022 | ₹9.00 | Dividend | ₹2106.8 |
| July 21, 2021 | ₹7.00 | Final Dividend | ₹1404.5 |
| March 19, 2020 | ₹7.00 | Interim Dividend | ₹690.5 |
Dividend Stars
| Stock Name | Median Yield | Current Yield |
|---|---|---|
 Oracle Financial Services Software Ltd NSE: OFSS | 5.41% | 4.03% |
 Indian Oil Corporation Ltd NSE: IOC | 3.81% | 4.84% |
 Cesc Ltd NSE: CESC | 3.08% | 3.93% |
 Gail India Ltd NSE: GAIL | 3.02% | 5.25% |
 Bajaj Auto Ltd NSE: BAJAJ-AUTO | 2.97% | 2.32% |
FAQs
Thermax Ltd has declared dividend worth ₹6.00
Thermax Ltd has declared dividend on July 2, 2026
As of June 8, 2026, the dividend yield for Thermax Ltd is 0.40%
The most recent dividend payment for Thermax Ltd was ₹6.00 per share.
The current dividend payout ratio for Thermax Ltd is 20.94%
