Thermon Group Dividends
| THR Stock | USD 32.24 0.27 0.84% |
As of 11/26/2024, Dividend Payout Ratio is likely to grow to 0.35, while Dividends Paid is likely to drop slightly above 106 K. Thermon Group's past performance could be the main factor of why investors trade Thermon Group Holdings stock today. Investors should clearly understand every aspect of the Thermon Group dividend schedule, including its future sustainability, and how it might impact an overall investment strategy. This tool is helpful to digest Thermon Group's dividend schedule and payout information. Thermon Group Holdings dividends can also provide a clue to the current valuation of Thermon Group.
| Last Reported | Projected for Next Year | ||
| Dividends Paid | 111.5 K | 106 K | |
| Dividend Yield | 0.01 | 0.01 | |
| Dividend Payout Ratio | 0.21 | 0.35 | |
| Dividend Paid And Capex Coverage Ratio | 5.99 | 5.63 |
Thermon |
Investing in stocks that pay dividends is one of many strategies that are good for long-term investments. Ex-dividend dates are significant because investors in Thermon Group must own a stock before its ex-dividend date to receive its next dividend.
Thermon Group Dividends Paid Over Time
Today, most investors in Thermon Group Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Thermon Group's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's dividends paid growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Thermon Group dividends paid as a starting point in their analysis.
The total amount of dividends that a company has paid out to its shareholders over a specific period. Dividends Paid |
| Timeline |
Thermon Group Historical Dividend Yield Growth
A solid dividend growth pattern of Thermon Group could indicate future dividend growth is likely, which can signal long-term profitability for Thermon Group Holdings. When investors calculate the dividend yield growth rate, they can use any interval of time they wish. They may also calculate the dividend yield growth rate using the least-squares method or simply take an annualized figure over a given time period. Dividend Yield is Thermon Group Holdings dividend as a percentage of Thermon Group stock price. Thermon Group Holdings dividend yield is a measure of Thermon Group stock productivity, which can be interpreted as interest rate earned on an Thermon Group investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share. Dividend Yield |
| Timeline |
Is Electrical Components & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Thermon Group. If investors know Thermon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Thermon Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.35) | Earnings Share 1.29 | Revenue Per Share 14.661 | Quarterly Revenue Growth (0.07) | Return On Assets 0.0628 |
The market value of Thermon Group Holdings is measured differently than its book value, which is the value of Thermon that is recorded on the company's balance sheet. Investors also form their own opinion of Thermon Group's value that differs from its market value or its book value, called intrinsic value, which is Thermon Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Thermon Group's market value can be influenced by many factors that don't directly affect Thermon Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Thermon Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Thermon Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thermon Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.