As of today (2024-04-26), the Trailing Annual Dividend Yield of Thermon Group Holdings is 0.00%.
The historical rank and industry rank for Thermon Group Holdings's Dividend Yield % or its related term are showing as below:
THR's Dividend Yield % is not ranked *
in the Industrial Products industry.
Industry Median: 1.79 * Ranked among companies with meaningful Dividend Yield % only.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Thermon Group Holdings Dividend Yield % Historical Data
The historical data trend for Thermon Group Holdings's Dividend Yield % 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.
Competitive Comparison of Thermon Group Holdings's Dividend Yield %
For the Specialty Industrial Machinery subindustry, Thermon Group Holdings's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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.
Thermon Group Holdings's Dividend Yield % Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Thermon Group Holdings's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Thermon Group Holdings's Dividend Yield % falls into.
Thermon Group Holdings Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Thermon Group Holdings (NYSE:THR) Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
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.
Thermon Group Holdings Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Thermon Group Holdings's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Thermon Group Holdings (Thermon Group Holdings) Business Description
Thermon Group Holdings Inc is a United States-based company that provides engineered thermal solutions for process industries. The company's product portfolio comprises electric heat tracing cables, steam tracing components, tubing bundles, and instrument and control products, as well as complementary product lines. It also provides turnkey services and design and engineering services. The company's customers include large engineering, procurement, and construction companies; oil and gas companies; commercial subcontractors; electrical component distributors; and others. The company has a presence, with the United States, Canada, and Europe being its top three markets and contributing the majority of its sales.
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