Cummins Dividend
Cummins Dividend history 25 years & estimates 2024 to 2026
Dividend Analysis of the Cummins Stock
| Current dividend yield | 1.25 % |
| Dividendenrendite 5 Jahre | 7.65 % |
| Dividend Yield 10Y | 6.26 % |
| Payout 3Y | 3.58 % |
When does Cummins pay a dividend?
The Cummins stock dividend is paid 4 times a year. In order to receive a dividend, you should generally own the Cummins stock before the ex-dividend date. The Dividend Calendar shows that the last ex-day dates were February, May, August and November . Dividends from Cummins are distributed via March, June, September and December.
| Year | Dividend | Ex-day & Payday |
Frequency | |
|---|---|---|---|---|
| Fiscal Year | Dividend per Share | Ex-Day | Payday | Payment frequency |
| 2024 |
$1.82
$1.82
|
Aug 23 2024
Aug 23 2024
Sep 05 2024
Aug 23 24
Sep 05 24 |
Sep 05 2024 |
quarterly
quarterly
|
| 2024 |
$1.68
$1.68
|
May 23 2024
May 23 2024
Jun 06 2024
May 23 24
Jun 06 24 |
Jun 06 2024 |
quarterly
quarterly
|
| 2024 |
$1.68
$1.68
|
Feb 22 2024
Feb 22 2024
Mar 07 2024
Feb 22 24
Mar 07 24 |
Mar 07 2024 |
quarterly
quarterly
|
| 2023 |
$1.68
$1.68
|
Nov 22 2023
Nov 22 2023
Dec 07 2023
Nov 22 23
Dec 07 23 |
Dec 07 2023 |
quarterly
quarterly
|
| 2023 |
$1.68
$1.68
|
Aug 24 2023
Aug 24 2023
Sep 07 2023
Aug 24 23
Sep 07 23 |
Sep 07 2023 |
quarterly
quarterly
|
| 2023 |
$1.57
$1.57
|
May 18 2023
May 18 2023
Jun 01 2023
May 18 23
Jun 01 23 |
Jun 01 2023 |
quarterly
quarterly
|
| 2023 |
$1.57
$1.57
|
Feb 23 2023
Feb 23 2023
Mar 09 2023
Feb 23 23
Mar 09 23 |
Mar 09 2023 |
quarterly
quarterly
|
| 2022 |
$1.57
$1.57
|
Nov 17 2022
Nov 17 2022
Dec 01 2022
Nov 17 22
Dec 01 22 |
Dec 01 2022 |
quarterly
quarterly
|
| 2022 |
$1.57
$1.57
|
Aug 18 2022
Aug 18 2022
Sep 01 2022
Aug 18 22
Sep 01 22 |
Sep 01 2022 |
quarterly
quarterly
|
| 2022 |
$1.45
$1.45
|
May 19 2022
May 19 2022
Jun 02 2022
May 19 22
Jun 02 22 |
Jun 02 2022 |
quarterly
quarterly
|
How much dividend does Cummins pay?
Cummins most recently paid a dividend of $1.82. Cummins paid a Dividend of $6.50 Per Share in the financial year 2023. With a stock price of $293.21 at Sep 06 2024, the current dividend yield is 2.22% (calculation: $6.50 / $293.21 = 2.22%). No special dividend was paid.
What is the Cummins Dividend Yield and payout ratio?
The average Cummins dividend yield over the last 5 years is 2.72% and the average over the last 10 years is 2.72%.
The payout ratio of Cummins in relation to the last financial year is 126.21%. The payout ratio smoothed over 3 years is 52.01%. The calculation is based on the sum of all dividend payments divided by the cumulative earnings per share(EPS).
| Metric | Cummins |
|---|---|
| Current dividend yield | 2.22% |
| Dividend Yield 5Y | 2.72% |
| Dividend Yield 10Y | 2.72% |
| Payout 1Y | 126.21% |
| Payout 3Y | 52.01% |
Is the Cummins dividend safe? Continuity & Dividend Growth
Is the Cummins dividend safe?
Cummins has been paying a dividend for 25 years and has not lowered the dividend for 25 years (dividend continuity). As a result, the dividend was recently increased 18-times.
The Dividend Growth in relation to the previous financial year amounts to 7.62%. The average Cummins Dividend Growth over the last 5 years is 7.92%. The average for the last 10 years is 11.19%.
| Metric | Cummins |
|---|---|
| Increased | 18 Years |
| Continuity | 25 Years |
| Paid | 25 Years |
| Growth 1Y | 7.62% |
| Growth 5Y | 7.92% |
| Growth 10Y | 11.19% |
Continuity
Cummins has been paying a dividend for 25 years and has not lowered the dividend for 25 years (dividend continuity). As a result, the dividend was recently increased 18-times.
Dividend Growth
The Dividend Growth in relation to the previous financial year amounts to 7.62%. The average Cummins Dividend Growth over the last 5 years is 7.92%. The average for the last 10 years is 11.19%.
Cummins Stock Forecast 2024
On the stock exchange, the Cummins stock (ISIN: US2310211063) is not traded as a top scorer in September 2024 according to the dividend strategy.
The stock price of Cummins 22.39% has risen since the beginning of the year 2024. However, the return generated in the past says nothing about the future return. You can find the Cummins stock price in real time at the top of the page.
Cummins (symbol: CMI) is valued at a Price / Earnings Ratio (P/E ratio) of 21.25 and a price/sales ratio (P/S ratio) of 1.18 valued. Based on analyst estimates, the Cummins stock forecast 2024 of the current financial year corresponds to a valuation of 10.19 according to P/E ratio and 1.20 according to P/S.
| Metric | Cummins |
|---|---|
| Dividend Score | ??/15 |
| Performance 2024 |
22.39%
|
| P/E TTM | 21.25 |
| P/S TTM | 1.18 |
| P/E forward | 10.19 |
| P/S forward | 1.20 |
Cummins (symbol: CMI) is valued at a Price / Earnings Ratio (P/E ratio) of 21.25 and a price/sales ratio (P/S ratio) of 1.18 valued. Based on analyst estimates, the Cummins stock forecast 2024 of the current financial year corresponds to a valuation of 10.19 according to P/E ratio and 1.20 according to P/S.
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