Cummins India Limited Stock Dividends
CUMMINSIND.BO pays dividends biannually. Last paid amount was ₹18.00 at Mar 06, 2024. As of today, dividend yield (TTM) is 1.41%.
Dividend Yield Range
AI Analysis of CUMMINSIND.BO
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 1.41% |
|---|---|
| Frequency | Biannually |
| 1Y Growth | 38.46% |
| Payout Ratio | 0 |
| Amount Per Share | ₹18.00 |
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Cummins India Limited has not yet announced its next dividend date. Last payment date was: Mar 06, 2024.
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CUMMINSIND Dividend Payout History
To ensure a understanding of CUMMINSIND's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 21, 2024 | Feb 21, 2024 | Mar 06, 2024 | ₹18.00 | 0.646% |
| 2 | Jul 26, 2023 | Jul 26, 2023 | Aug 31, 2023 | ₹13.00 | 0.763% |
| 3 | Feb 21, 2023 | Feb 21, 2023 | Mar 08, 2023 | ₹12.00 | 0.719% |
| 4 | Feb 15, 2018 | Feb 15, 2018 | Mar 01, 2018 | ₹5.00 | 0.622% |
| 5 | Jul 27, 2017 | Jul 27, 2017 | Sep 01, 2017 | ₹9.00 | 0.99% |
| 6 | Feb 09, 2017 | Feb 09, 2017 | Mar 01, 2017 | ₹5.00 | 0.566% |
| 7 | Jul 28, 2016 | Jul 28, 2016 | Jul 28, 2016 | ₹9.00 | 1.02% |
| 8 | Feb 11, 2016 | Feb 11, 2016 | Feb 11, 2016 | ₹5.00 | 0.539% |
| 9 | Jul 30, 2015 | Jul 30, 2015 | Jul 30, 2015 | ₹9.00 | 0.90% |
| 10 | Sep 18, 2014 | Sep 18, 2014 | Sep 18, 2014 | ₹5.00 | 0.723% |
Dividend Sustainability
With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.
Sustainability score
Growth potential
CUMMINSIND Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from CUMMINSIND dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in CUMMINSIND stock here.
