Cummins hikes dividend by 10%
Cummins (CMI) raised its quarterly dividend on July 13, 2026, increasing the payout by 10.0% to $2.20 per share.
The latest increase extends Cummins' dividend growth streak to 21 consecutive years. At a share price of $648.00, the annualized dividend yield is approximately 1.4%. The ex-dividend date is August 21, 2026.
Cummins has now increased its dividend for 21 consecutive years. The latest 10.0% increase marks the first double-digit raise since 2020 and follows annual increases of 9.9%, 8.3%, 7.0%, 8.3%, 7.4% and 3.0%.
Cummins designs and manufactures diesel and natural gas engines, power generation systems, drivetrain components and clean-energy technologies for commercial vehicles, industrial equipment and power applications worldwide.
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