Cummins, Inc. (CMI) Raises Quarterly Dividend 24.8% to $0.78; 2% Yield

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Cummins, Inc. (CMI) Names New COO and Engine Business President

July 8, 2014 4:16 PM EDT

Cummins, Inc. (NYSE: CMI) announced a number of leadership changes to build upon the Company's strong performance and better position Cummins for future profitable and sustainable growth.

"Today Cummins is in a terrific position with our leadership in technologies, unmatched global presence and global partnerships that help our customers succeed wherever they operate," said Chairman and Chief Executive Officer, Tom Linebarger. "As we continue to grow profitably around the world, we want to have a leadership team capable of meeting our demanding short term targets every day, while making the right long term strategic... More

Cummins, Inc. (CMI) Approves Dividend Increase, $1B Buyback Plan

July 8, 2014 2:30 PM EDT

Cummins, Inc. (NYSE: CMI) approved an increase in the Company's quarterly cash dividend on common stock of approximately 25 percent to 78 cents per share from 62.5 cents per share. The dividend is payable on Sept. 2, 2014 to shareholders of record on August 22, 2014.

The Board of... More