Cummins (CMI) Raises Quarterly Dividend 3% to $1.35; 2.4% Yield

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Go back to Cummins (CMI) Raises Quarterly Dividend 3% to $1.35; 2.4% Yield

Cummins Inc. Increases Quarterly Common Stock Dividend

October 13, 2020 5:00 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 of 3 percent to 1.35 dollars per share from 1.311 dollars per share. The dividend is payable on December 3, 2020, to shareholders of record on November 20, 2020.

About Cummins Inc.

Cummins Inc., a global power leader, is a corporation of complementary business segments that design, manufacture, distribute and service a broad portfolio of power solutions. The companys products range from diesel, natural gas, electric and hybrid powertrains and powertrain-related components... More