Cummins Dividend
Dividend criteria checks 5/6
Cummins is a dividend paying company with a current yield of 2.23% that is well covered by earnings.
Key information
2.2%
Dividend yield
49%
Payout ratio
Industry average yield | 3.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | €7.280 |
Earnings per share | €14.18 |
Dividend yield forecast | 2.4% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CUM's dividends per share have been stable in the past 10 years.
Growing Dividend: CUM'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 (CUM) | 2.2% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.7% |
Industry Average (Machinery) | 3.5% |
Analyst forecast (CUM) (up to 3 years) | 2.4% |
Notable Dividend: CUM's dividend (2.23%) is higher than the bottom 25% of dividend payers in the German market (1.61%).
High Dividend: CUM's dividend (2.23%) is low compared to the top 25% of dividend payers in the German market (4.76%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48.6%), CUM's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (82.8%), CUM's dividend payments are covered by cash flows.