Cummins India Limited

NSEI:CUMMINSIND Stock Report

Market Cap: ₹970.8b

Cummins India Dividends and Buybacks

Dividend criteria checks 4/6

Cummins India is a dividend paying company with a current yield of 1.14% that is well covered by earnings.

Key information

1.1%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yield1.4%
Dividend Growth-2.1%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per share₹40.000
Payout ratio61%

Recent dividend and buyback updates

Cummins India's (NSE:CUMMINSIND) Dividend Will Be Increased To ₹18.00

Feb 10
Cummins India's (NSE:CUMMINSIND) Dividend Will Be Increased To ₹18.00

Cummins India's (NSE:CUMMINSIND) Shareholders Will Receive A Bigger Dividend Than Last Year

Jul 23
Cummins India's (NSE:CUMMINSIND) Shareholders Will Receive A Bigger Dividend Than Last Year

Recent updates

We Think That There Are Issues Underlying Cummins India's (NSE:CUMMINSIND) Earnings

Nov 15
We Think That There Are Issues Underlying Cummins India's (NSE:CUMMINSIND) Earnings

Should You Investigate Cummins India Limited (NSE:CUMMINSIND) At ₹3,370?

Oct 26
Should You Investigate Cummins India Limited (NSE:CUMMINSIND) At ₹3,370?

Pinning Down Cummins India Limited's (NSE:CUMMINSIND) P/E Is Difficult Right Now

Aug 21
Pinning Down Cummins India Limited's (NSE:CUMMINSIND) P/E Is Difficult Right Now

We Take A Look At Why Cummins India Limited's (NSE:CUMMINSIND) CEO Has Earned Their Pay Packet

Aug 01
We Take A Look At Why Cummins India Limited's (NSE:CUMMINSIND) CEO Has Earned Their Pay Packet

Investors Shouldn't Overlook Cummins India's (NSE:CUMMINSIND) Impressive Returns On Capital

Jul 29
Investors Shouldn't Overlook Cummins India's (NSE:CUMMINSIND) Impressive Returns On Capital

Cummins India (NSE:CUMMINSIND) Has A Rock Solid Balance Sheet

Jul 12
Cummins India (NSE:CUMMINSIND) Has A Rock Solid Balance Sheet

We Ran A Stock Scan For Earnings Growth And Cummins India (NSE:CUMMINSIND) Passed With Ease

Jun 27
We Ran A Stock Scan For Earnings Growth And Cummins India (NSE:CUMMINSIND) Passed With Ease

Cummins India Limited's (NSE:CUMMINSIND) 27% Price Boost Is Out Of Tune With Earnings

May 21
Cummins India Limited's (NSE:CUMMINSIND) 27% Price Boost Is Out Of Tune With Earnings

Is There Now An Opportunity In Cummins India Limited (NSE:CUMMINSIND)?

Apr 02
Is There Now An Opportunity In Cummins India Limited (NSE:CUMMINSIND)?

Shareholders Would Enjoy A Repeat Of Cummins India's (NSE:CUMMINSIND) Recent Growth In Returns

Mar 18
Shareholders Would Enjoy A Repeat Of Cummins India's (NSE:CUMMINSIND) Recent Growth In Returns

Here's Why Cummins India (NSE:CUMMINSIND) Has Caught The Eye Of Investors

Mar 03
Here's Why Cummins India (NSE:CUMMINSIND) Has Caught The Eye Of Investors

Earnings Not Telling The Story For Cummins India Limited (NSE:CUMMINSIND) After Shares Rise 29%

Feb 18
Earnings Not Telling The Story For Cummins India Limited (NSE:CUMMINSIND) After Shares Rise 29%

Cummins India's (NSE:CUMMINSIND) Dividend Will Be Increased To ₹18.00

Feb 10
Cummins India's (NSE:CUMMINSIND) Dividend Will Be Increased To ₹18.00

Cummins India Limited's (NSE:CUMMINSIND) Business Is Trailing The Market But Its Shares Aren't

Jan 03
Cummins India Limited's (NSE:CUMMINSIND) Business Is Trailing The Market But Its Shares Aren't

Is Cummins India (NSE:CUMMINSIND) Using Too Much Debt?

Dec 16
Is Cummins India (NSE:CUMMINSIND) Using Too Much Debt?

Here's Why We Think Cummins India (NSE:CUMMINSIND) Is Well Worth Watching

Nov 30
Here's Why We Think Cummins India (NSE:CUMMINSIND) Is Well Worth Watching

The Trend Of High Returns At Cummins India (NSE:CUMMINSIND) Has Us Very Interested

Nov 05
The Trend Of High Returns At Cummins India (NSE:CUMMINSIND) Has Us Very Interested

Cummins India (NSE:CUMMINSIND) Has A Rock Solid Balance Sheet

Aug 25
Cummins India (NSE:CUMMINSIND) Has A Rock Solid Balance Sheet

Cummins India Limited (NSE:CUMMINSIND) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Aug 06
Cummins India Limited (NSE:CUMMINSIND) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Cummins India's (NSE:CUMMINSIND) Shareholders Will Receive A Bigger Dividend Than Last Year

Jul 23
Cummins India's (NSE:CUMMINSIND) Shareholders Will Receive A Bigger Dividend Than Last Year

Cummins India (NSE:CUMMINSIND) Is Paying Out A Larger Dividend Than Last Year

Jul 07
Cummins India (NSE:CUMMINSIND) Is Paying Out A Larger Dividend Than Last Year

Cummins India (NSE:CUMMINSIND) Is Very Good At Capital Allocation

Jun 26
Cummins India (NSE:CUMMINSIND) Is Very Good At Capital Allocation

Cummins India's (NSE:CUMMINSIND) Shareholders Will Receive A Bigger Dividend Than Last Year

Jun 10
Cummins India's (NSE:CUMMINSIND) Shareholders Will Receive A Bigger Dividend Than Last Year

Cummins India (NSE:CUMMINSIND) Is Paying Out A Larger Dividend Than Last Year

May 27
Cummins India (NSE:CUMMINSIND) Is Paying Out A Larger Dividend Than Last Year

If EPS Growth Is Important To You, Cummins India (NSE:CUMMINSIND) Presents An Opportunity

May 23
If EPS Growth Is Important To You, Cummins India (NSE:CUMMINSIND) Presents An Opportunity

Is Cummins India (NSE:CUMMINSIND) Using Too Much Debt?

Mar 15
Is Cummins India (NSE:CUMMINSIND) Using Too Much Debt?

Cummins India (NSE:CUMMINSIND) Will Pay A Larger Dividend Than Last Year At ₹12.00

Feb 11
Cummins India (NSE:CUMMINSIND) Will Pay A Larger Dividend Than Last Year At ₹12.00

Should You Be Adding Cummins India (NSE:CUMMINSIND) To Your Watchlist Today?

Jan 31
Should You Be Adding Cummins India (NSE:CUMMINSIND) To Your Watchlist Today?

Investors Met With Slowing Returns on Capital At Cummins India (NSE:CUMMINSIND)

Jan 18
Investors Met With Slowing Returns on Capital At Cummins India (NSE:CUMMINSIND)

Is Cummins India (NSE:CUMMINSIND) A Risky Investment?

Dec 04
Is Cummins India (NSE:CUMMINSIND) A Risky Investment?

Returns At Cummins India (NSE:CUMMINSIND) Appear To Be Weighed Down

Oct 10
Returns At Cummins India (NSE:CUMMINSIND) Appear To Be Weighed Down

Should You Be Adding Cummins India (NSE:CUMMINSIND) To Your Watchlist Today?

Sep 24
Should You Be Adding Cummins India (NSE:CUMMINSIND) To Your Watchlist Today?

Is Now An Opportune Moment To Examine Cummins India Limited (NSE:CUMMINSIND)?

Sep 10
Is Now An Opportune Moment To Examine Cummins India Limited (NSE:CUMMINSIND)?

Cummins India (NSE:CUMMINSIND) Is Increasing Its Dividend To ₹10.50

Jul 18
Cummins India (NSE:CUMMINSIND) Is Increasing Its Dividend To ₹10.50

We Think Cummins India (NSE:CUMMINSIND) Can Manage Its Debt With Ease

Jul 02
We Think Cummins India (NSE:CUMMINSIND) Can Manage Its Debt With Ease

Cummins India (NSE:CUMMINSIND) Is Increasing Its Dividend To ₹10.50

May 29
Cummins India (NSE:CUMMINSIND) Is Increasing Its Dividend To ₹10.50

Returns On Capital At Cummins India (NSE:CUMMINSIND) Have Hit The Brakes

May 18
Returns On Capital At Cummins India (NSE:CUMMINSIND) Have Hit The Brakes

With EPS Growth And More, Cummins India (NSE:CUMMINSIND) Is Interesting

Mar 30
With EPS Growth And More, Cummins India (NSE:CUMMINSIND) Is Interesting

At ₹1,027, Is Cummins India Limited (NSE:CUMMINSIND) Worth Looking At Closely?

Mar 16
At ₹1,027, Is Cummins India Limited (NSE:CUMMINSIND) Worth Looking At Closely?

Cummins India's (NSE:CUMMINSIND) Shareholders Will Receive A Bigger Dividend Than Last Year

Feb 12
Cummins India's (NSE:CUMMINSIND) Shareholders Will Receive A Bigger Dividend Than Last Year

Returns At Cummins India (NSE:CUMMINSIND) Appear To Be Weighed Down

Feb 11
Returns At Cummins India (NSE:CUMMINSIND) Appear To Be Weighed Down

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: CUMMINSIND's dividend payments have been volatile in the past 10 years.

Growing Dividend: CUMMINSIND's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Cummins India Dividend Yield vs Market
How does CUMMINSIND dividend yield compare to the market?
SegmentDividend Yield
Company (CUMMINSIND)1.1%
Market Bottom 25% (IN)0.2%
Market Top 25% (IN)1.1%
Industry Average (Machinery)0.8%
Analyst forecast (CUMMINSIND) (up to 3 years)1.4%

Notable Dividend: CUMMINSIND's dividend (1.14%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).

High Dividend: CUMMINSIND's dividend (1.14%) is in the top 25% of dividend payers in the Indian market (1.13%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (61.2%), CUMMINSIND's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (107.7%), CUMMINSIND's dividend payments are not well covered by cash flows.


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