Cummins (CMI) Lowers Quarterly Dividend 4.9% to $0.975; 3.3% Yield

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Go back to Cummins (CMI) Lowers Quarterly Dividend 4.9% to $0.975; 3.3% Yield

Cummins Inc. Increases Quarterly Common Stock Dividend

July 12, 2016 3:30 PM EDT

COLUMBUS, Ind.--(BUSINESS WIRE)-- The Board of Directors of Cummins Inc. (NYSE: CMI) today approved an increase in the Company's quarterly cash dividend on common stock from 97.5 cents per share to 1.025 dollars per share, payable on September 1, 2016, to shareholders of record on August 22, 2016.

About Cummins

Cummins Inc., a global power leader, is a corporation of complementary business units that design, manufacture, distribute and service diesel and natural gas engines and related technologies, including fuel systems, controls, air handling, filtration, emission solutions and electrical power generation systems. Headquartered in Columbus, Indiana, (USA) Cummins... More