Cummins (CMI) Raises Quarterly Dividend 7.4% to $1.45; 2.4% Yield

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Go back to Cummins (CMI) Raises Quarterly Dividend 7.4% to $1.45; 2.4% Yield

Cummins Inc. Increases Quarterly Common Stock Dividend

July 13, 2021 5:38 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 7 percent to 1.45 dollars per share from 1.35 dollars per share. The dividend is payable on September 2, 2021, to shareholders of record on August 20, 2021.

This marks our 12th consecutive year of increasing our dividend, demonstrating a consistent trend of returning capital to shareholders while continuing to invest in our future, said Tom Linebarger, Chairman and CEO, Cummins Inc.

About Cummins Inc.

Cummins Inc., a global... More