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NYSE: CMI
Cummins Inc Stock Dividend Yield & Dates

CMI dividend stability and growth

Last Dividend per share
$1.6800
Forward Dividend yield
2.56%
CMI's dividend has not dropped... subscribe to Premium to read more.
Dividend Stability Dividend
CMI dividends have increased over... subscribe to Premium to read more.
Consistent Dividend Growth Dividend

CMI dividend yield vs industry/market

Company
2.3%
Industry
1.3%
CMI dividends (2.3%) are in... subscribe to Premium to read more.
Top 75% Dividend Dividend
CMI dividends (2.3%) are not... subscribe to Premium to read more.
Top 25% Dividend Dividend

CMI dividend payout ratio

Cummins Inc paid out 125.2% of its earnings over the trailing twelve months.
Retained earnings
N/A
Payout ratio
125.2%
CMI earnings ($735.00M) are insufficient... subscribe to Premium to read more.
Dividend Payout Ratio Dividend

CMI vs Specialty Industrial Machinery Stocks

TickerDiv. YieldStable?Drop Count (L10Y)Payout Ratio
CMI2.30%Yes0+125.20%
AME0.58%Yes0+17.50%
OTIS0.36%0+28.40%
IR0.09%0+4.20%
ROK1.80%Yes0+45.40%

CMI dividend dates

Last dividend payment date
Mar 7, 2024
Last ex-dividend date
Feb 22, 2024

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Cummins Dividends FAQ

Does Cummins pay a dividend?

Yes, CMI has paid a dividend within the past 3 months.


If you're new to stock investing, here's how to buy Cummins stock.

What is Cummins's Dividend Payment Date?

Cummins's last dividend payment date was on 2024-03-07, when Cummins shareholders who owned CMI shares before 2024-02-22 received a dividend payment of $1.6800 per share. Cummins's next dividend payment date has not been announced yet. Add CMI to your watchlist to be reminded of CMI's next dividend payment.

Is Cummins's dividend stable?

Yes, CMI's dividend has been stable for the last 10 years.

Does Cummins have sufficient earnings to cover their dividend?

No, CMI's past year earnings per share was $5.19, and their annual dividend per share is $6.61. CMI's dividend payout ratio is 125.2%, which is not sustainable.

How much is Cummins's dividend?

CMI pays a dividend of $6.61 per share. CMI's annual dividend yield is 2.3%. Cummins's dividend is higher than the US industry average of 1.3%, and it is lower than the US market average of 4.21%.

What is Cummins's Ex-Dividend Date?

Cummins's previous ex-dividend date was on 2024-02-22. Cummins shareholders who own CMI stock before this date received Cummins's last dividend payment of $1.6800 per share on 2024-03-07. Cummins's next ex-dividend date has not been announced yet. Add CMI to your watchlist to be reminded before CMI's ex-dividend date.

Is Cummins's dividend showing long-term growth?

Yes, CMI's' dividend has been growing over the last 10 years.
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