Cummins India Limited Stock Dividends
Cummins India Limited Stock Dividends Overview
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 |
| Next Ex-Dividend Date | Jul 19, 2024 |
| Next Payment Date | Aug 30, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from CUMMINSIND the purchase should be done within the next 31 days.
Here's a simple guide on how to buy CUMMINSIND stock.
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 | |
|---|---|---|---|---|---|
| 21 | Aug 27, 2014 | Sep 18, 2014 | Oct 09, 2014 | ₹5.00 | 0.731% |
| 22 | May 22, 2014 | Jul 24, 2014 | Aug 28, 2014 | ₹8.00 | 1.16% |
| 23 | Jan 16, 2014 | Feb 13, 2014 | Mar 04, 2014 | ₹5.00 | 1.01% |
| 24 | May 10, 2013 | Jul 25, 2013 | Aug 29, 2013 | ₹8.00 | 2.09% |
| 25 | Jan 31, 2013 | Feb 11, 2013 | Feb 28, 2013 | ₹5.00 | 1.05% |
| 26 | May 15, 2012 | Jul 26, 2012 | Aug 30, 2012 | ₹6.00 | 1.31% |
| 27 | Feb 09, 2012 | Feb 21, 2012 | Mar 07, 2012 | ₹5.00 | 1.09% |
| 28 | May 30, 2011 | Jul 28, 2011 | Aug 29, 2011 | ₹5.71 | 1.36% |
| 29 | Feb 01, 2011 | Feb 10, 2011 | Mar 03, 2011 | ₹5.00 | 1.05% |
| 30 | May 29, 2010 | Aug 05, 2010 | Aug 28, 2010 | ₹4.29 | 0.82% |
Dividend Sustainability
The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.
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 (0.167%). 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 (2.56%), which means that there are more attractive dividend stocks to consider.
