Table of Contents

company-logo

Thermal Energy International Inc. engages in the development, engineering, and supply of pollution control products, heat recovery systems, and condensate return solutions in North America, Europe, and internationally. Its products include GEM steam traps; FLU-ACE, a direct contact condensing heat recovery system that recycles the heat lost through the boiler flue gas exhaust; DRY-REX, a low temperature biomass dryer; indirect contact heat recovery equipment; boiler economizers under the HeatSponge brand; wet and dry steam accumulators; electricity co-generation solutions; turn-key thermal energy solutions; and water treatment products and services. It serves food and beverage, pulp and paper, hospital, pharmaceutical, chemicals and petrochemicals, and other industry sectors. Thermal Energy International Inc. was incorporated in 1991 and is based in Ottawa, Canada.

Thermal Energy International Dividend Announcement

• Thermal Energy International does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Thermal Energy International dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Thermal Energy International Dividend History

Thermal Energy International Dividend Yield

Thermal Energy International current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Thermal Energy International stock? Use our calculator to estimate your expected dividend yield:

Thermal Energy International Financial Ratios

P/E ratio33.24
PEG ratio-0.07
P/B ratio8.86
ROE31.22%
Payout ratio4.82%
Current ratio1.42
Quick ratio1.24
Cash Ratio0.56

Thermal Energy International Dividend FAQ

Does Thermal Energy International stock pay dividends?
Thermal Energy International does not currently pay dividends to its shareholders.
Has Thermal Energy International ever paid a dividend?
No, Thermal Energy International has no a history of paying dividends to its shareholders. Thermal Energy International is not known for its dividend payments.
Why doesn't Thermal Energy International pay dividends?
There are several potential reasons why Thermal Energy International would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Thermal Energy International ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Thermal Energy International has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Thermal Energy International a dividend aristocrat?
Thermal Energy International is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Thermal Energy International a dividend king?
Thermal Energy International is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Thermal Energy International a dividend stock?
No, Thermal Energy International is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Thermal Energy International stocks?
To buy Thermal Energy International you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Thermal Energy International stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.