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Cummins (FRA:CUM) Forward Dividend Yield % : 1.93% (As of Dec. 12, 2024)


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What is Cummins Forward Dividend Yield %?

As of today (2024-12-12), the Forward Annual Dividend Yield of Cummins is 1.93%.

As of today (2024-12-12), the Trailing Annual Dividend Yield of Cummins is 1.80%.

FRA:CUM's Forward Dividend Yield % is ranked better than
55.51% of 1942 companies
in the Industrial Products industry
Industry Median: 1.74 vs FRA:CUM: 1.93

Cummins's Dividends per Share for the three months ended in Sep. 2024 was €1.64.

During the past 12 months, Cummins's average Dividends Per Share Growth Rate was 7.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 7.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 10.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Cummins was 115.40% per year. The lowest was -55.00% per year. And the median was 10.40% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Cummins's Forward Dividend Yield %

For the Specialty Industrial Machinery subindustry, Cummins's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cummins's Forward Dividend Yield % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Cummins's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Cummins's Forward Dividend Yield % falls into.



Cummins Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Cummins Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 1.8200002024-11-222024-11-222024-12-05Cash DividendquarterlyUSD:EUR 0.942000
USD 1.8200002024-08-232024-08-232024-09-05Cash DividendquarterlyUSD:EUR 0.907000
USD 1.6800002024-05-232024-05-242024-06-06Cash DividendquarterlyUSD:EUR 0.925000
USD 1.6800002024-02-222024-02-232024-03-07Cash DividendquarterlyUSD:EUR 0.927000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Cummins's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=6.85776/358.10
=1.92 %

Current Share Price is €358.10.
Cummins's Dividends per Share for the forward twelve months is calculated as €1.71444 * 4 = €6.85776.

Cummins's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=6.47654/358.10
=1.81 %

Current Share Price is €358.10.
Cummins's Dividends per Share for the trailing twelve months (TTM) ended in Today is €6.47654.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Cummins  (FRA:CUM) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Cummins Forward Dividend Yield % Related Terms

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Cummins Business Description

Traded in Other Exchanges
Address
500 Jackson Street, Box 3005, Columbus, IN, USA, 47202-3005
Cummins is the top manufacturer of diesel engines used in commercial trucks, off-highway machinery, and railroad locomotives, in addition to standby and prime power generators. The company also sells powertrain components, which include transmissions, turbochargers, aftertreatment systems, and fuel systems. Cummins is in the unique position of competing with its primary customers, heavy-duty truck manufacturers, who make and aggressively market their own engines. Despite robust competition across all its segments and increasing government regulation of carbon emissions, Cummins has maintained its leadership position in the industry.

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