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Dividend of Cummins India Ltd

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Cummins India Ltd

NSE: CUMMINSIND

Dividend Payout (Final)

₹ 20

Ex-Dividend Date: Jul 19, 2024

Key Highlights

  • The Dividend Payouts of Cummins India Ltd changed from ₹ 20 on Jul 19, 2024 to ₹ 8 on Feb 21, 2022 . This represents a CAGR of -14.16% over 6 years.
  • The Latest Trading Price of Cummins India Ltd is ₹ 3604 as of 13 Dec 15:30 .

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Monitoring Cummins India Ltd share price can help you stay informed about potential market shifts and opportunities.

Historical Dividend Payouts of Cummins India Ltd

Fiscal Year
leftDividend Payout (₹)right
2023-2420
2023-2418
2022-2313
2022-2312
2021-2211

Overview of Dividend

  • <h2><strong>Types of Dividend</strong></h2><br> <h3>Special Dividend</h3> <p>A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.</p> <br> <h3>Preferred Dividend</h3> <p>A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.</p> <br> <h3>Interim Dividend</h3> <p>Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.</p> <br> <h3>Final Dividend</h3> <p>A final dividend is issued after the year's accounts have been compiled.
  • Aside from this, the following list highlights the most prevalent sorts of dividends:</p> <br>.

Types of Dividend


Special Dividend

A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.


Preferred Dividend

A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.


Interim Dividend

Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.


Final Dividend

A final dividend is issued after the year's accounts have been compiled. Aside from this, the following list highlights the most prevalent sorts of dividends:


Dividend Yield Comparison With Top Peers

* All values are in %

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Cummins India Ltd

NSE: CUMMINSIND

Share Price

₹ 3604.35

-2.75 (-0.08%)

stock direction

Last updated on: Dec 13, 2024

Company Fundamentals for Cummins India Ltd

No data available

Dividend Payout Over Time

No data available

Net Profit Vs Dividend Per Share

SWOT Analysis Of Cummins India Ltd

Strength

4

che

Weakness

1

che

Opportunity

0

che

Threats

2

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BlinkX Score for Cummins India Ltd

Historical Market Cap of Cummins India Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Cummins India Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Cummins India Ltd News Hub

Cummins India announces cessation of senior management personnel

Cummins India announced that Vivek Malapati, Vice President - Distribution Business, a Senior Manage

Read more

2024-08-26 00:00:00

Cummins India appoints Shveta Arya as MD

Cummins India announced that its Board of Directors has appointed Shveta Arya as an Additional Direc

Read more

2024-08-13 00:00:00

Indices trade with major gains; pharma shares in demand

The key equity benchmarks traded with robust gains in the mid-afternoon trade. The Nifty traded abov

Read more

2024-08-07 00:00:00

Cummins India spurts as PAT climbs 33% YoY to Rs 420 cr in Q1

Domestic sales jumped 12% YoY to Rs 1,873 crore while exports slipped 22% YoY to Rs 389 crore during

Read more

2024-08-07 00:00:00

About Cummins India Ltd

  • Cummins India Ltd is a leading manufacturer of diesel and natural gas engines.
  • The Company is engaged in the business of manufacturing, trading and selling of engines and allied activities.
  • It presently operates in three business segments: Engine, Power Systems, and Distribution.
  • The Engine Business manufactures engines from 60 HP for low, medium and heavy-duty on-highway commercial vehicle markets and off-highway commercial equipment industry spanning construction and compressor.
  • The Power Systems Business designs and manufactures high horsepower engines from 700 HP to 4500 HP for marine, railways, defense and mining applications as well as power generation systems comprising of integrated generator sets in the range of 7.5 kVA to 3750 kVA including transfer switches, paralleling switchgear and controls for use in standby, prime and continuous rated systems.

FAQs for Dividends of Cummins India Ltd

What is the current market price of Cummins India Ltd as of December 15, 2024?

The current market price of Cummins India Ltd stands at 3604.4 per share.

What dividend did Cummins India Ltd declare in the last fiscal year?

In the last fiscal year, Cummins India Ltd declared a dividend totaling ₹25.0.

What is the most recent dividend declared by Cummins India Ltd?

Cummins India Ltd has declared dividend worth ₹0.0 in the latest quarter..

How many times has Cummins India Ltd declared dividends in the current fiscal year?

Cummins India Ltd has declared dividends 2 times totaling ₹0 in the current fiscal year (FY2024-2025).

How many times did Cummins India Ltd declare dividends in the previous fiscal year?

In the previous fiscal year (FY2023-2024), Cummins India Ltd declared dividends 4 times totaling ₹25.0.

What is Dividend Yield of Cummins India Ltd?

The Cummins India Ltd's Dividend Yield is 1.0 as of December 15, 2024

Will I get Cummins India Ltd dividend if I have shares?

If you purchase Cummins India Ltd stock on or after its ex-dividend date, you won’t receive the next dividend; the seller will. Buy before the ex-dividend date to receive the dividend.

Do I lose my Cummins India Ltd dividend if I sell my shares?

Shareholders who sell their Cummins India Ltd stock before the ex-dividend date do not receive the dividend.

How do I check if I am eligible for a Cummins India Ltd dividend?

To be eligible for the Cummins India Ltd dividend, you must buy the stock no later than one day before the ex-dividend date.

Is Cummins India Ltd dividend automatically credited to a bank account?

If your bank mandate is registered with the registrar, the Cummins India Ltd dividend amount will be automatically credited to your bank account.

Will I get Cummins India Ltd dividend if I have shares?

If you purchase Cummins India Ltd stock on or after its ex-dividend date, you won’t receive the next dividend; the seller will. Buy before the ex-dividend date to receive the dividend.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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