Massive Rs 33.50/Share Dividend Payout: Blue Chip Stock To Hit Record Date On July 18; What Should Traders Do?

One of the top suppliers of power solutions in the nation, Cummins India Limited was founded in 1962 and has its headquarters in Pune. Cummins India Limited operates in the export, aftermarket, and power generation fields. For the purpose of payment of a whopping dividend of 1,675% the record date is coming near for the stock, which is set at July 18, 2025. So, traders who are looking for dividend-paying stocks might find Cummins India interesting during the next week, but it is a profitable bet. Let's find out.

Cummins India Dividend

"The Board has approved and recommended to members for their consideration and approval a Final Dividend of Rs. 33.50/- (1,675 %) per equity shares on 277,200,000 fully paid-up equity shares (Face Value Rs. 2/- each) for the Financial Year 2024-25 in addition to the interim dividend of Rs. 18/- per equity share declared on February 05, 2025. The Final Dividend, as may be approved by the members at the ensuing Annual General Meeting, shall be paid on or around September 02, 2025. Further, pursuant to Regulation 42 of the SEBI LODR, the record date for the purpose of determining the members eligible to receive the final dividend for the financial year ended March 31, 2025, if declared by the members at the ensuing Annual General Meeting, has been fixed as July 18, 2025," Cummins India confirmed in a regulatory filing.

Cummins India Q1 Results Date

"Pursuant to Regulation 29 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended from time to time, we wish to inform that meeting of the Board of Directors of the Company will be held on Thursday, August 07, 2025, to inter-alia consider and approve the unaudited standalone and consolidated financial results of the Company for the quarter ended June 30, 2025," Cummins India confirmed in a stock exchange filing.

Cummins India Share Price Target

"Cummins is consolidating in a narrow range between ₹3,500 and ₹3,600, forming a base for the next leg higher. Immediate support is at ₹3,500 and resistance at ₹3,600. A breakout above ₹3,600 on strong volume could lift the stock toward ₹3,750-₹3,800. As long as it stays above ₹3,500, the bias remains positive. Traders may consider entering on breakout or buying near ₹3,520-₹3,540 with a stop-loss below ₹3,500," commented Riyank Arora, technical analyst at Mehta Equities Ltd.

Disclaimer

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