Has Thermax declared dividend?
Yes, Thermax Ltd. has declared a 600% dividend, amounting to ₹12 per share, with an ex-date of July 5, 2024. While recent total returns have been negative, longer-term performance shows significant growth potential.
Thermax Ltd. has declared a 600% dividend.Dividend Details:
- Percentage announced: 600%
- Amount per share: 12
- Ex-date: 05 Jul 24
Dividend Yield: 0.34%.
Total Returns by Period:
In the last 6 months, the price return was -24.09%, the dividend return was 0%, resulting in a total return of -24.09%.
Over the past year, the price return was -32.66%, with a dividend return of 0.23%, leading to a total return of -32.43%.
In the 2-year period, the price return was 53.45%, the dividend return was 0.92%, culminating in a total return of 54.37%.
For the 3-year period, the price return was 76.66%, the dividend return was 1.56%, resulting in a total return of 78.22%.
In the last 4 years, the price return was 135.87%, with a dividend return of 2.57%, leading to a total return of 138.44%.
Over the 5-year period, the price return was 374.0%, the dividend return was 5.04%, resulting in a total return of 379.04%.
Overall, Thermax Ltd. has declared a significant dividend, but the recent total returns over shorter periods have been negative, indicating volatility in the stock price. However, the longer-term returns show substantial growth, suggesting potential for recovery and value over time.
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