Cummins Dividend
Dividend criteria checks 4/6
Cummins is a dividend paying company with a current yield of 2.38%.
Key information
2.4%
Dividend yield
125%
Payout ratio
Industry average yield | 2.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €5.37 |
Dividend yield forecast in 3Y | 2.8% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CMI's dividends per share have been stable in the past 10 years.
Growing Dividend: CMI's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Cummins Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (CMI) | 2.4% |
Market Bottom 25% (AT) | 1.9% |
Market Top 25% (AT) | 5.9% |
Industry Average (Machinery) | 2.8% |
Analyst forecast in 3 Years (CMI) | 2.8% |
Notable Dividend: CMI's dividend (2.38%) is higher than the bottom 25% of dividend payers in the Austrian market (1.91%).
High Dividend: CMI's dividend (2.38%) is low compared to the top 25% of dividend payers in the Austrian market (5.87%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (125.3%), CMI's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (33.4%), CMI's dividend payments are well covered by cash flows.