Cummins (CMI) Raises Quarterly Dividend 25% to $0.975; 3% Yield

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Cummins Inc. Increases Quarterly Common Stock Dividend

July 14, 2015 4:14 PM EDT

COLUMBUS, Ind., July 14, 2015 (GLOBE NEWSWIRE) -- The Board of Directors of Cummins Inc. (NYSE: CMI) today approved an increase in the Company's quarterly cash dividend on common stock of 25 percent to 97.5 cents per share from 78 cents per share. The dividend is payable on September 1, 2015, to shareholders of record on August 21, 2015.

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Cummins Inc. Increases Quarterly Common Stock Dividend

July 14, 2015 4:14 PM EDT

COLUMBUS, Ind., July 14, 2015 (GLOBE NEWSWIRE) -- The Board of Directors of Cummins Inc. (NYSE: CMI) today approved an increase in the Company's quarterly cash dividend on common stock of 25 percent to 97.5 cents per share from 78 cents per share. The dividend is payable on September 1, 2015, to shareholders of record on August 21, 2015.

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C-COM Reports Second Quarter Results

July 14, 2015 8:02 AM EDT

OTTAWA, ON -- (Marketwired) -- 07/14/15 -- C-COM Satellite Systems Inc. (TSX VENTURE: CMI), a leading global provider of mobile auto-deploying satellite antenna systems, announced today financial results for its second quarter ended May 31, 2015.

The company has generated revenues of $3,101,579 and a net after tax profit of $313,201 or 1 cent per share. This compared with revenues of $3,754,738 and a net after tax profit of 782,188 or 2 cents per share as reported in 2014, representing a decrease of 17.4% and 60% respectively.

The working capital of the Company has increased by 4.4% to $19,983,993 at May 31, 2015 as compared to $19,149,209 at May... More