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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 .

Cummins hikes dividend by 9.9%

Cummins hikes dividend by 8.3%

Cummins (CMI) will raise its quarterly dividend by 8.3 percent to $1.57 per share in 2022. The next CMI dividend is payable on September 1, 2022, to shareholders of record on August 19, 2022. At a stock price of $201 the dividend yield for Cummins is 3.1%. Cummins has now raised its dividend 17 consecutive years with an average dividend growth of 7.8% in the last five years. Cummins Inc., is a manufacturer of power solutions. The company designs, manufactures, distributes and services diesel and natural gas engines and powertrain-related component products, including filtration, aftertreatment, turbochargers, fuel systems, controls systems, air handling systems, transmissions, electric power generation systems, batteries and electrified power systems. Cummins sells its products to original equipment manufacturers (OEMs), distributors, dealers and other customers worldwide. Cummins, headquartered in Columbus, Indiana, was founded in 1919 as Cummins Engine Company and was f...

Cummins hikes dividend by 7.4%

Cummins (CMI) will raise its quarterly dividend by 7.4 percent to $1.45 per share in 2021. This comes after a dividend hike of 3 percent to $1.35 per share quarterly in 2020 and marks 16 consecutive years of dividend increases. The next dividend is payable on September 2, 2021 to shareholders of record on August 20, 2021. A new annualized rate of $5.80 per share yields 2.5% at a stock price of $233. Cummins Inc., is a manufacturer of power solutions. The company designs, manufactures, distributes and services diesel and natural gas engines and powertrain-related component products, including filtration, aftertreatment, turbochargers, fuel systems, controls systems, air handling systems, transmissions, electric power generation systems, batteries and electrified power systems. Cummins sells its products to original equipment manufacturers (OEMs), distributors, dealers and other customers worldwide. Cummins, headquartered in Columbus, Indiana, was founded in 1919 as Cummins Engine Compan...

Cummins announces 3% dividend increase in 2020

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Cummins (CMI) will raise its quarterly dividend by 3 percent to $1.35 per share quarterly in 2020. This follows a 15.0 percent increase to $1.311 per share announced by the company in 2019. Last year the diesel engine maker announced a 15 percent dividend hike. The next dividend is payable on December 3, 2020, to shareholders of record on November 20, 2020. A new annualized rate of $5.40 per share yields 2.4% at a stock price of $221. Year-to-date Cummins stock has gained 24.3 percent, resulting in a current market cap of almost $33 billion for the company. Cummins will pay an estimated annual dividend of almost $800 million. Cummins has now raised its dividend 15 consecutive years. Cummins Inc., is a manufacturer of power solutions. The company designs, manufactures, distributes and services diesel and natural gas engines and powertrain-related component products, including filtration, aftertreatment, turbochargers, fuel systems, controls systems, air handling systems, transmissions,...

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