Cummins Dividend
Dividend criteria checks 4/6
Cummins is a dividend paying company with a current yield of 2.37%.
Key information
2.4%
Dividend yield
125%
Payout ratio
Industry average yield | 4.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | R$5.37 |
Dividend yield forecast in 3Y | 2.8% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: C1MI34's dividends per share have been stable in the past 10 years.
Growing Dividend: C1MI34'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 (C1MI34) | 2.4% |
Market Bottom 25% (BR) | 2.2% |
Market Top 25% (BR) | 8.8% |
Industry Average (Machinery) | 4.3% |
Analyst forecast in 3 Years (C1MI34) | 2.8% |
Notable Dividend: C1MI34's dividend (2.37%) is higher than the bottom 25% of dividend payers in the BR market (2.09%).
High Dividend: C1MI34's dividend (2.37%) is low compared to the top 25% of dividend payers in the BR market (8.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (125.3%), C1MI34'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%), C1MI34's dividend payments are well covered by cash flows.