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Cummins India Ltd

₹3,872.85

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 ₹1,07,336Cr. Its share price is ₹3,872.85 as on 21 May,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 1.11%.

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: 1.11%
  • Annual dividend payment: ₹43

Cummins India Ltd Dividend v/s Cummins India Ltd Share price

History of Cummins India Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD 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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FAQs

Cummins India Ltd current market price is ₹3,872.85 per share

Cummins India Ltd has declared dividend worth ₹31 in the last year.

Cummins India Ltd has declared dividend worth ₹18 in the latest quarter.

Cummins India Ltd has declared dividend on 07/02/2024 of ₹18.

Cummins India Ltd has declared dividend 2 times of ₹31 in the previous financial year (FY2023-2024)