Thermax (NSE:THERMAX) Dividend Payout Ratio : 0.00 (As of Mar. 2024)

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What is Thermax Dividend Payout Ratio?

Thermax's dividend payout ratio for the months ended in Mar. 2024 was 0.00.

The historical rank and industry rank for Thermax's Dividend Payout Ratio or its related term are showing as below:

NSE:THERMAX' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.16 Med: 0.28 Max: 0.75
Current: 0.16

During the past 13 years, the highest Dividend Payout Ratio of Thermax was 0.75. The lowest was 0.16. And the median was 0.28.

NSE:THERMAX's Dividend Payout Ratio is ranked better than
79.6% of 1662 companies
in the Industrial Products industry
Industry Median: 0.33 vs NSE:THERMAX: 0.16

As of today (2024-05-21), the Dividend Yield % of Thermax is 0.20%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Thermax was 2.00%. The lowest was 0.20%. And the median was 0.59%.

Thermax's Dividends per Share for the months ended in Mar. 2024 was ₹0.00.

During the past 12 months, Thermax's average Dividends Per Share Growth Rate was 11.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Thermax was 49.40% per year. The lowest was -13.70% per year. And the median was 4.00% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Thermax Dividend Payout Ratio Historical Data

The historical data trend for Thermax's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Thermax Dividend Payout Ratio Chart

Thermax Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Dividend Payout Ratio

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0.75

0.29

0.23

0.16

Thermax Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															-	-	0.71	-	-

Competitive Comparison of Thermax's Dividend Payout Ratio

For the Specialty Industrial Machinery subindustry, Thermax's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Thermax's Dividend Payout Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Thermax's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Thermax's Dividend Payout Ratio falls into.

Thermax Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Thermax's Dividend Payout Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2024 )	/	EPS without NRI (A: Mar. 2024 )
	=	10	/	62.24
	=	0.16

Thermax's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2024 )	/	EPS without NRI (Q: Mar. 2024 )
	=	0	/	26.89
	=	0.00

Thermax (NSE:THERMAX) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Thermax Dividend Payout Ratio Related Terms

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Thermax (NSE:THERMAX) Business Description

Industry

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Traded in Other Exchanges

500411:India

Address

14, Mumbai-Pune Road, Thermax House, Wakdewadi, Pune, MH, IND, 411 003

Website

http://www.thermaxglobal.com

Thermax Ltd is a company that provides engineering solutions. The company operates through three segments based on product type. The energy segment, which accounts for the company's sales, supplies boilers, industrial and commercial cooling machines, turnkey power plants, and photovoltaic and thermal solutions. The environment segment provides products and services for infrastructure that controls air pollution and wastewater. The chemical segment supplies chemicals for boilers, resins, paper production, construction, and oil fields. The company generates more than half of its revenue from India.

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