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Thermax Limited. (IN:THERMAX)
:THERMAX
India Market
THERMAX
Thermax Limited.
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Thermax Limited. (THERMAX) Dividend Date & History

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Thermax Limited. (THERMAX) pays a Annual dividend. This page shows THERMAX’s dividend history, latest dividend amount, dividend yield, ex-dividend date, record date, and dividend payment date.

Dividend Data

Dividend Data
Next Ex-Dividend Date
Jul 03, 2026
Payment date​
―
Dividend Amount Per Share
₹20
Annually
Dividend Yield
0.48%
Sector: Industrials
Sector Average: 1.17%
Payout Ratio
26.85%
Dividend Growth​
10 years
Since 2016
Analyst Consensus >
―
Last 3 Months
Open IN:THERMAX in Dividend Calculator >

Dividend Amount Per Share​

Dividend Yield displayed is the dividend yield on the ex. date of the dividend
Daily Dividend Calendar >

THERMAX Dividend History

Ex-Date
Record Date
Payment Date
Frequency
Declaration Date
Amount
Jul 03, 2026
Jul 03, 2026
―Annually―₹20.00
Jul 04, 2025
Jul 04, 2025
Aug 05, 2025
Annually―₹14.00
Jul 05, 2024
Jul 05, 2024
Aug 05, 2024
Annually―₹12.00
Jul 21, 2023
Jul 21, 2023
Aug 31, 2023
Annually―₹10.00
Jul 21, 2022
Jul 22, 2022
Aug 08, 2022
Annually―₹9.00
Jul 22, 2021
Jul 23, 2021
Sep 05, 2021
Annually―₹7.00
Mar 20, 2020
Mar 23, 2020
Mar 27, 2020
Annually
Mar 03, 2020
₹7.00
Jul 25, 2019
Jul 27, 2019
Aug 14, 2019
Annually
May 22, 2019
₹7.00
Jul 26, 2018
Jul 28, 2018
Sep 07, 2018
Annually
May 18, 2018
₹6.00
Jul 27, 2017
Jul 28, 2017
Sep 07, 2017
Annually
May 30, 2017
₹6.00
The table shows Thermax Limited.’s dividend history, including amount per share, payout frequency, declaration, record, and payment dates.

FAQ

Does Thermax Limited. pay dividends?
Yes, IN:THERMAX has paid a dividend within the past 12 months.
    How much is Thermax Limited.'s dividend?
    IN:THERMAX pays a dividend of ₹20 per share. IN:THERMAX's annual dividend yield is 0.48%.
      When is Thermax Limited. ex-dividend date?
      Thermax Limited.'s upcoming ex-dividend date is on Jul 03, 2026. Thermax Limited. shareholders who own IN:THERMAX stock before this date will receive Thermax Limited.'s next dividend payment of ₹14 per share on Aug 05, 2025. Add IN:THERMAX to your watchlist to be reminded before Thermax Limited.'s ex-dividend date.
        When is Thermax Limited. dividend payment date?
        Thermax Limited.'s next quarterly payment date is on Aug 05, 2025, when Thermax Limited. shareholders who owned IN:THERMAX shares before Jul 04, 2025 received a dividend payment of ₹14 per share. Add IN:THERMAX to your watchlist to be reminded of IN:THERMAX's next dividend payment.
          Does Thermax Limited. have sufficient earnings to cover their dividend?
          Yes, IN:THERMAX's past year earnings per share was ₹21, and their annual dividend per share is ₹14.00. IN:THERMAX's dividend payout ratio is 26.85% (₹14.00/₹21) which is sustainable.