Cummins India Dividend yield

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
   INR per share 
 Price  849.70
 Dividend  15.04
 Earnings  25.83
 Cash-flow  26.39
 Book value  149.07
 Equity  144.30

Cummins India is part of Automobiles and Parts business, which is part of Consumer Goods industry. Cummins India is a company from India, and his stocks are publicly traded.

Cummins India paid a total dividend of 4,166 million INR last year, for a market value of 235,367 millions (Market Cap 56,529 millions). Dividend per share of Cummins India is 15.04 INR, and his stock market price 849.70 INR.

According to the chart below, where dividend yield is displayed, Cummins India has a dividend yield of 1.77%, lower than the amount offered by both the market average and companies from India. It is also lower than average of Consumer Goods industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Cummins India dividend yield with other Automobiles and Parts companies or firms from India.

Dividend yield of Cummins India

Cummins India Dividend Payout

About the ability of Cummins India to maintain his current dividend of INR 15.04 per share, an amount that accounts for 1.77%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Cummins India payout on ernings is currently 58.23%, which is higher than the market average, and companies of Consumer Goods industry, which are 40.41% and 39.62% respectively. Both figures show that Cummins India can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Cummins India is INR 26.39 per share, which is higher than the dividend per share paid by the company of INR 15.04, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Cummins India, compared againt world market average, India companies, Consumer Goods industry and Automobiles and Parts sector companies.

Cummins India payout

Cummins India Stock performance

Finally, last moth Cummins India showed a return of 5.30% compared to a worldwide -5.60% average, and a -5.17% of Consumer Goods firms. Over the last year, the company obtained a -5.80% versus a worldwide performance of a -11.41%. More detailed information can be seen in the following graph for India and Automobiles and Parts firms.

Cummins India stock and market return

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