Cummins India Limited Stock Dividends
CUMMINSIND.NS pays dividends biannually. Last paid amount was ₹18.00 at Mar 06, 2024. As of today, dividend yield (TTM) is 2.00%.
Dividend Yield Range
AI Analysis of CUMMINSIND.NS
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 2.00% |
|---|---|
| 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 | Jul 26, 2023 | ₹13.00 | 0.678% |
| 3 | Jul 25, 2023 | Jul 25, 2023 | Jul 25, 2023 | ₹13.00 | 0.676% |
| 4 | Feb 21, 2023 | Feb 21, 2023 | Feb 21, 2023 | ₹12.00 | 0.760% |
| 5 | Aug 02, 2022 | Aug 02, 2022 | Aug 02, 2022 | ₹10.50 | 0.88% |
| 6 | Feb 21, 2022 | Feb 21, 2022 | Feb 21, 2022 | ₹8.00 | 0.82% |
| 7 | Aug 04, 2021 | Aug 04, 2021 | Aug 04, 2021 | ₹8.00 | 0.89% |
| 8 | Feb 09, 2021 | Feb 09, 2021 | Feb 09, 2021 | ₹7.00 | 0.90% |
| 9 | Aug 17, 2020 | Aug 17, 2020 | Aug 17, 2020 | ₹7.00 | 1.53% |
| 10 | Jan 28, 2020 | Feb 07, 2020 | Feb 26, 2020 | ₹7.00 | 1.31% |
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.
Comparing CUMMINSIND to Sector and Country
CUMMINSIND.NS pays a solid dividend yield of 2.00%, which is higher than the average of the bottom 25% of dividend payers in the IN market (0.218%). CUMMINSIND.NS’s dividend yield is lower than the average of the top 25% of dividend payers in the Industrials sector in the IN market (2.47%), which means that there are more attractive dividend stocks to consider.
