CUMMINSIND
Cummins India Ltd
₹3,282.25
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 ₹91,435.81Cr. Its share price is ₹3,282.25 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Cummins India Ltd gave ₹38 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 March 2024, Cummins India Ltd has declared dividend of ₹20 - translating a dividend yield of 1.16%.
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 ₹2,666.04Cr in the quarter ending September 2024. The revenue grew by 30.11% year on year basis since last quarter.
- Cummins India Ltd’s profits were ₹449.37Cr in the quarter ending September 2024. The profits grew by 36.55% year on year basis since last quarter.
- Cummins India Ltd’s dividend was ₹20 in the quarter ending March 2024.
Cummins India Ltd Dividend related ratios:
- Last dividend date: 29/05/2024
- Current Dividend Yield: 1.16%
- Annual dividend payment: ₹38
History of Cummins India Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
19/07/2024 | CASH | ₹20 | 29/05/2024 | 19/07/2024 |
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 |
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