Thermax Ltd initiates Final Dividend to reward investors in 2025
0.4%
Div. Yield
20.94%
Payout Rat.
Thermax Ltd has announced an Final Dividend for the year 2025, paying ₹14.00 per share. To qualify for this dividend, investors must own shares before July 3, 2025, the ex-dividend date. With its stock priced at ₹3531.40, this payout is expected to be positively received by the market.
In 2024, Thermax Ltd rewarded its shareholders with a Dividend of ₹12.00 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 |
|---|---|
| 2025 | 0.4% |
| 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 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 | 5.42% | 3.13% |
 Indian Oil Corporation Ltd NSE: IOC | 3.88% | 8.45% |
 Hindustan Petroleum Corporation Ltd NSE: HINDPETRO | 3.60% | 5.11% |
 Gail India Ltd NSE: GAIL | 3.34% | 3.42% |
 Bajaj Auto Ltd NSE: BAJAJ-AUTO | 3.16% | 2.44% |
FAQs
Thermax Ltd has declared dividend worth ₹14.00
Thermax Ltd has declared dividend on July 3, 2025
As of June 5, 2025, the dividend yield for Thermax Ltd is 0.40%
The most recent dividend payment for Thermax Ltd was ₹14.00 per share.
The current dividend payout ratio for Thermax Ltd is 20.94%