Cummins (CMI) Dividend Yield, Date & History

Cummins Dividend - Frequently Asked Questions

What is Cummins's dividend yield?

The current dividend yield for Cummins is 2.35%. Learn more on CMI's dividend yield history.

How much is Cummins's annual dividend?

The annual dividend for CMI shares is $7.28. Learn more on CMI's annual dividend history.

How often does Cummins pay dividends?

Cummins pays quarterly dividends to shareholders.

When was Cummins's most recent dividend payment?

Cummins's most recent quarterly dividend payment of $1.82 per share was made to shareholders on Thursday, September 5, 2024.

When was Cummins's most recent ex-dividend date?

Cummins's most recent ex-dividend date was Friday, August 23, 2024.

Is Cummins's dividend growing?

Over the past three years, the company's dividend has grown by an average of 7.15% per year.

What track record does Cummins have of raising its dividend?

Cummins has increased its dividend for the past 19 consecutive years.

When did Cummins last increase or decrease its dividend?

The most recent change in the company's dividend was an increase of $0.14 on Tuesday, July 9, 2024.

What is Cummins's dividend payout ratio?

The dividend payout ratio for CMI is:

• 53.29% based on the trailing year of earnings
• 37.03% based on this year's estimates
• 33.00% based on next year's estimates
• 25.54% based on cash flow

Is Cummins a good dividend stock?

Cummins' dividend yield of 2.45% is lower than the average Auto/Tires/Trucks company that issues a dividend. The company's 19 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. Cummins' dividend payout ratio of 53.29% is at a healthy, sustainable level, below 75% of its earnings.