CUMMINSIND
Cummins India Ltd
₹3,244.30
Cummins India Ltd Dividend 2024 : Should Cummins India Ltd be a part of your dividend portfolio?
Cummins India Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹87,567.48Cr. Its share price is ₹3,244.30 as on 25 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Cummins India Ltd gave ₹43 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Industrials stocks do not always pay a dividend but as Cummins India Ltd pays dividends to reward its shareholders.
- In the quarter ending December 2023, Cummins India Ltd has declared dividend of ₹18 - translating a dividend yield of 1.33%.
Let's look at Cummins India Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Cummins India Ltd’s revenue were ₹2,696.07Cr in the quarter ending December 2023. The revenue grew by 15.11% year on year basis since last quarter.
- Cummins India Ltd’s profits were ₹498.91Cr in the quarter ending December 2023. The profits grew by 20.57% year on year basis since last quarter.
- Cummins India Ltd’s dividend was ₹18 in the quarter ending December 2023.
Cummins India Ltd Dividend related ratios:
- Last dividend date: 07/02/2024
- Current Dividend Yield: 1.33%
- Annual dividend payment: ₹43
History of Cummins India Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
21/02/2024 | CASH | ₹18 | 07/02/2024 | 21/02/2024 |
26/07/2023 | CASH | ₹13 | 24/05/2023 | 26/07/2023 |
21/02/2023 | CASH | ₹12 | 08/02/2023 | 21/02/2023 |
02/08/2022 | CASH | ₹10.50 | 26/05/2022 | 03/08/2022 |
21/02/2022 | CASH | ₹8 | 11/02/2022 | 22/02/2022 |
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