Does Gentherm Incorporated (THRM) Pay a Dividend? (2026)
Last updated July 2026
Short answer
Yes. Gentherm Incorporated (THRM) pays a dividend yielding about its stated rate as of October 2026. The latest payment on record was $2.07 per share, ex-dividend October 2, 2026.. Figures are approximate and dated; verify the current number with your broker.
Does Gentherm Incorporated (THRM) pay a dividend?
Yes. Gentherm Incorporated distributes a dividend yielding roughly its stated rate as of October 2026. The most recent payment on record was $2.07 per share, with an ex-dividend date of October 2, 2026.
Standalone figures exclude Modine Performance Technologies, which closed on October 1, 2026, so trailing ratios will shift sharply once combined results are reported. Against management's ~$322 million pro forma adjusted EBITDA (including synergies), the market value implies a low single digit to mid single digit EBITDA multiple before debt, a discount that reflects auto and truck cyclicality and integration uncertainty. On the balance sheet, standalone Gentherm ended June 2026 with $273 million of debt, $213 million of cash, net leverage of about 0.3x and $502 million of liquidity. At closing, the spun-off business borrowed $250 million under a delayed-draw term loan administered by Bank of America, priced at SOFR plus 1.125% to 2.0% depending on leverage, which now sits inside the combined company, and the special dividend paid out about $63.5 million. Share count rose to roughly 54.4 million after 23.7 million new shares went to Modine holders.
THRM dividend at a glance
| 2026-10-02 | $2.07 |
THRM dividend data as of October 2026, sourced from Yahoo Finance and may be delayed. Yield moves with price and payout; confirm the current dividend and ex-date with THRM's investor relations page before relying on it.
Is the THRM dividend covered?
We do not have a payout ratio on record for THRM. The payout ratio, the share of earnings paid out as dividends, is the usual first check on whether a dividend has room to keep growing; you can find it on THRM's investor relations page or in your broker's fundamentals tab.
Coverage is the question worth asking before yield. A dividend is only as good as the earnings behind it, and the highest yields on any screen are often the ones closest to being cut. Walnut is informational and is not an investment adviser.
What THRM's dividend means for you
- Income: set by the yield, which moves with the share price.
- Yield is a ratio, not a payment: it rises when the share price falls. A jump in yield without a raise in the dividend means the stock got cheaper, which may or may not be good news.
- Total return: for THRM the dividend is one part of return and price change is usually the larger part. Compare total return, not yield, when weighing it against another holding.
- Reinvest or take the cash: a DRIP compounds the position automatically; taking the cash gives you income now. Either way it is taxable in a taxable account.
- If you want more yield: dedicated dividend names and funds target higher, steadier payouts. See the best dividend stocks and best dividend ETFs.
How THRM dividends are taxed
Dividends from US common stock are usually qualified, which means they are taxed at long-term capital-gains rates rather than as ordinary income, as long as you held the shares for more than 60 days in the 121-day window around the ex-dividend date. Distributions from REITs and BDCs generally do not qualify and are taxed as ordinary income. Inside an IRA, Roth, or 401(k) none of this applies while the money stays in the account. Full detail is in how dividends are taxed. This is not tax advice.
The bottom line on the THRM dividend
Gentherm Incorporated (THRM) pays about its stated yield. For the full picture see the THRM guide. Walnut can show how THRM fits your real portfolio. It is not an investment adviser.
Investing in Gentherm Incorporated with AI
Connect the broker you already use and ask Walnut's AI how THRM fits what you actually hold: whether you own it already through a fund, what it would do to your concentration, and how it has tracked the S&P 500. Read-only by default, and you approve anything before it reaches your broker.
FAQ
Does Gentherm Incorporated (THRM) pay a dividend?
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Yes. Gentherm Incorporated pays a dividend yielding roughly its current yield as of October 2026. The most recent payment on record was $2.07 per share with an ex-dividend date of October 2, 2026. Yields move with the share price, so verify the current figure with your broker or THRM's investor relations page before relying on it.
What is THRM's dividend yield?
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About its current yield as of October 2026. A higher yield is not automatically better: it can reflect a falling share price as easily as a generous payout, so it is worth checking why the number is what it is.
How often does THRM pay its dividend?
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Gentherm Incorporated's payment schedule is in the history table above. The most recent payment on record had an ex-dividend date of October 2, 2026. To receive a given payment you have to own the shares before the ex-dividend date, not on the pay date. Confirm upcoming dates on THRM's investor relations page, because boards can change both the amount and the timing.
When is THRM's ex-dividend date?
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The ex-dividend date recorded in our October 2026 data pull is October 2, 2026. The ex-dividend date is the cutoff: buy on or after it and the seller keeps that payment, not you. Buying just before the ex-date to capture the dividend does not create free money, because the share price typically drops by roughly the dividend amount when the stock goes ex. Check THRM's investor relations page for the next confirmed date.
Is THRM's dividend safe?
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We do not have a payout ratio on record for THRM. The payout ratio, the share of earnings paid out as dividends, is the usual first check on whether a dividend has room to keep growing; you can find it on THRM's investor relations page or in your broker's fundamentals tab. Nobody can guarantee a dividend: boards cut them, and a high yield is sometimes the market pricing in exactly that. Walnut is not an investment adviser and this is not a recommendation.
Are THRM dividends qualified for tax purposes?
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Dividends from US common stock are usually qualified, meaning they are taxed at the lower long-term capital-gains rates, provided you held the shares for more than 60 days in the 121-day window around the ex-dividend date. Distributions from REITs, BDCs, and some pass-through structures are generally taxed as ordinary income instead. In an IRA or Roth the question does not arise. See our guide to how dividends are taxed. This is not tax advice.
Should I reinvest THRM dividends?
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Most brokers offer automatic reinvestment (a DRIP) that puts each THRM payment straight back into more shares, often fractional ones. Reinvesting compounds the position and is the standard choice when you do not need the cash yet. Taking the cash makes sense when you are spending the income or want to direct it elsewhere. Either way the dividend is taxable in a taxable account in the year it is paid, even if you never see the money.
Does Gentherm pay a dividend?
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Gentherm does not pay a regular dividend. In connection with the Modine closing it declared a one-time special cash dividend of about $2.07 per share for holders of record on September 28, 2026, payable October 7, 2026. It returns cash mainly through buybacks, with a $400 million authorization approved in 2026.
Walnut is informational, not investment advice. Dividend figures on this page come from a October 2026 data pull and are approximate; verify the current yield, amount, schedule, and policy with THRM's investor relations page or your broker before acting on them.