Cummins Inc 12 Months dividend pay out ratio, in the second quarter 2026, sequentially increased to 40.84% in the second quarter 2026, CMI's commitment to shareholders remain strong.
Within Consumer Discretionary sector 26 other companies have achieved higher 12 Months dividend pay out ratio. While in terms of ranking among all other companies, the company has moved form 597 in the first quarter 2026, to 658.
Cummins Inc. Continues to Strengthen Shareholder Confidence with Quarterly Dividend Increase In an effort to further solidify its reputation as a global power solutions leader, Cummins Inc. (NYSE: CMI) has announced an 8.3% increase in its quarterly common stock cash dividend, raising it from 1.68 dollars per share to 1.82 dollars per share. This decision, approved by the company's Board of Directors, marks the 15th consecutive year that Cummins has raised its quarterly common stock dividend, providing shareholders with a steady and reliable source of income. The dividend is set to be payable on September 5, 2024, to shareholders of record as of August 23, 2024. This news comes on the heels of Cummins' previous dividend declaration on October 10, 2023, which saw the company further boost shareholder confidence. Despite the positive news, Cummins Inc. stock experienced a slight dip of -1.3%, bringing the year-to-date performance to 11.43%.
Cummins Inc. Continues to Reward Shareholders with Quarterly Dividend Increase COLUMBUS, Ind. - In a move to boost shareholder confidence, Cummins Inc. (NYSE: CMI) has announced an increase in their quarterly common stock cash dividend by approximately 8.3%, from $1.68 per share to $1.82 per share. This marks the 15th consecutive year that Cummins has increased their dividend to shareholders. This news comes on the heels of Cummins Inc.'s previous dividend declaration in October 2023, where the company showed a commitment to rewarding shareholders. The increase in earnings per share in the first quarter of 2024 has led to a decrease in the 12 Months dividend pay out ratio to 47.94%, showcasing the company's strong cash flow.
COLUMBUS, Ind. - In a move that reflects its strong financial performance and commitment to its shareholders, Cummins Inc. (NYSE: CMI) has declared a quarterly common stock cash dividend of $1.68 per share. Set to be payable on March 7, 2024, this announcement has injected a wave of enthusiasm among investors, further solidifying Cummins Inc.'s reputation as a global power leader. With growing dividend pay out ratios and an impressive industry ranking, the company is poised for continued success in the Consumer Discretionary sector. Facts and Background: Cummins Inc., a renowned global power leader, is a corporation consisting of complementary business segments that design, manufacture, distribute, and service a diverse portfolio of power solutions. Catering to multiple industries, their product range includes diesel, natural gas, electric, and other innovative technologies. With a focus on sustainability, Cummins Inc. has been continuously pushing boundaries to provide efficient and reliable power solutions.
Cummins Inc. Declares Quarterly Dividend, Demonstrating Commitment to Shareholders Cummins Inc., a global power leader, recently announced the declaration of a quarterly common stock cash dividend of $1.68 per share. The dividend is set to be paid on December 7, 2023, to shareholders of record as of November 24, 2023. This news highlights Cummins' dedication to providing returns to its shareholders. Cummins Inc. is a corporation with diverse business segments focusing on designing, manufacturing, distributing, and servicing a wide range of power solutions. Their product portfolio includes diesel, natural gas, and electric power solutions.
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