Cummins India dividend 2023: Board announces 625% payout — check out record date, payment date

Cummins India dividend 2023: Board of Cummins India on Wednesday announced a dividend of Rs 13 per equity share, a 625 per cent payout for the financial year ended March 31, 2023. "Payment of final dividend (FY 2022-23) of Rs. 13/- (650%) per equity share on 277,200,000 equity shares, subject to the approval of Members at AGM,"  the company's regulatory filing read.

Cummins India dividend record date 2023 

The manufacturer of diesel and natural gas engines has fixed July 26, Wednesday as the record date. The record date determines the shareholders eligible to benefit from corporate action such as a dividend.  

Cummins India dividend payment date

"The said final dividend, if approved by the Members at the Annual General Meeting, will be paid on August 31, 2023,"  the company's regulatory filing read. 

Cummins India dividend history 

Source: NSE

Cummins India share price history

Cummins India's stock has given a positive return of nearly 59 per cent in the last year (May 24, 2022). In comparison, the headline index Nifty 50 has rallied 13 per cent.

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