Cummins (CMI) Raises Quarterly Dividend 8.3% to $1.82; 2.7% Yield

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Cummins Inc. Increases Quarterly Common Stock Dividend

July 9, 2024 4:15 PM EDT

COLUMBUS, Ind.--(BUSINESS WIRE)-- The Board of Directors of Cummins Inc. (NYSE: CMI) today approved an increase in the companys quarterly common stock cash dividend of approximately 8.3% from 1.68 dollars per share to 1.82 dollars per share. The dividend is payable on September 5, 2024, to shareholders of record on August 23, 2024. Cummins has increased the quarterly common stock dividend to shareholders for 15 consecutive years.

About Cummins Inc.

Cummins Inc., a global power solutions leader, is comprised of five business segments Components, Engine, Distribution, Power Systems and Accelera by Cummins supported by our global... More