Cummins, Inc. (CMI) Raises Quarterly Dividend 25% to $0.50; Yields 2.1%

July 10, 2012 1:23 PM EDT
Cummins, Inc. (NYSE: CMI) declared a quarterly dividend of $0.50 per share, or $2 annualized. This is a 25% increase from the prior dividend of $0.40.

The dividend will be payable on September 1, 2012, to stockholders of record on August 22, 2012, with an ex-dividend date of August 20, 2012.

The annual yield on the dividend is 2.1 percent.

For a dividend history and other dividend-related data on Cummins, Inc. (CMI) click here.

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