Cummins India Dividend
Dividend criteria checks 3/6
Cummins India is a dividend paying company with a current yield of 1.11% that is well covered by earnings.
Key information
1.1%
Dividend yield
56%
Payout ratio
Industry average yield | 0.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹55.22 |
Dividend yield forecast in 3Y | 1.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 500480's dividend payments have been volatile in the past 10 years.
Growing Dividend: 500480's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Cummins India Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (500480) | 1.1% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Machinery) | 0.6% |
Analyst forecast in 3 Years (500480) | 1.2% |
Notable Dividend: 500480's dividend (1.11%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 500480's dividend (1.11%) is low compared to the top 25% of dividend payers in the Indian market (1.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (56.1%), 500480's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (106.1%), 500480's dividend payments are not well covered by cash flows.