Cummins (CMI) Raises Quarterly Dividend 8.3% to $1.57; 3.1% Yield

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Go back to Cummins (CMI) Raises Quarterly Dividend 8.3% to $1.57; 3.1% Yield

Cummins Inc. Increases Quarterly Common Stock Dividend

July 12, 2022 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 of approximately 8 percent to 1.57 dollars per share from 1.45 dollars per share. The dividend is payable on September 1, 2022, to shareholders of record on August 19, 2022.

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