The Board of Directors of Cummins India Ltd (CUMMINSIND) at its meeting held on May 26, 2021, has declared Final Dividend of Rs 8 per equity share. The Board meeting commenced at 7:00 p.m. (IST) and concluded at 8.15 p.m. (IST)
Cummins India Ltd Quarterly Result
The company reported 18.24% yoy increase in consolidated revenues for the Mar-21 quarter at Rs 1,256.25 cr. On a sequential basis, the total sales revenues were down by a surprisingly large -12.21% compared to total revenues in the Dec-20 quarter at Rs 1,431.02 cr. NPM was also lower by 337 basis points on sequential basis.
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Cummins India Ltd Dividend Record Date
The company in its letter has informed the exchanges that it has fixed 5 August 2021 as the Record date. In addition, The said dividend amount will be paid on September 07, 2021.
Moreover, to receive dividend, you must have shares in your demat account on record date. Hence, you should buy shares before ex-dividend date. Note – If you buy shares on ex-dividend date, you will not be eligible to receive dividend. Bookmark our website for latest and upcoming dividend announced by companies in 2021.
Above all, here is the copy of statement, the company has sent to the exchanges:
This has reference to our letter dated April 28, 2021, the Board of Directors of the company at the meeting held today, i.e. May 5, 2021, inter alia, has recommended a dividend of ₹25/- per fully paid-up Ordinary Share of ₹10/- each (250%) to the shareholders of the Company for the Financial Year ended March 31, 2021.
Important Dates
- Company – Cummins India Ltd
- Script Name – CUMMINSIND (NSE) and 500480 (BSE)
- Dividend Amount – 8 Rs Per Share
- Dividend Type – Final
- Ex-Dividend Date – NA
- Record Date – 5 August 2021
- Payment Date – 7 September 2021
Also, you can find more information about Cummins India Ltd on National Stock Exchange and Moneycontrol – Cummins India designs, manufactures, distributes and services diesel and alternative fuel engines from 2.8 to 95 liters, diesel and alternative-fueled power generator sets of up to 3000 kW.
