Cummins Inc. (CMI) Dividends

Cummins Inc. (CMI): $249.92

1.81 (+0.73%)

POWR Rating

Component Grades

Momentum

C

Stability

B

Sentiment

Quality

B

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Industry: Industrial - Machinery

Industry

A

Ranked

#43 of 79

in industry

Dividend Yield and Dividend History Highlights

  • CMI has issued more total dividends (as measured in absolute US dollars) over the past six years than 88.35% of other US stocks currently paying dividends.
  • If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with CMI that may be suitable potential portfolio mates: TRP, RGCO, PAHC, APH and ADC.
CMI Ex-Dividend Date
CMI Dividend Yield
2.79%
CMI Annual Dividend
$6.72
CMI Payout Ratio

CMI Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$249.92$235.51 10.89%

For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. Regarding Cummins Inc, the dividend discount model StockNews created for the company implies a positive return of 10.89%. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Cummins Inc are:

  • In comparison to other stocks in the Industrials sector, Cummins Inc offers a higher dividend yield than 81.12% of them.
  • In comparison to other US listed dividend yielding stocks in the Industrials sector, the expected return of 10.89%, based on the stock's current share price and target price based on a dividend discount model, is greater than 77.68% of the DDM-forecasted return of its its sector peers.
  • Out of all stocks in our universe of US-listed dividend-issuing stocks, CMI has a discount rate lower than 77.68% of them (a lower discount rate is associated with lower risk).
  • In comparison to its fellow dividend issuing stocks in the Industrials sector, Cummins Inc has an equity discount rate lower than 71.67% of them.


CMI Dividend History

Ex-Dividend Date Type Payout Amount Change
2023-11-22Dividend$1.68--
2023-08-24Dividend$1.68+7.01%
2023-05-18Dividend$1.57--
2023-02-23Dividend$1.57--
2022-11-17Dividend$1.57--
2022-08-18Dividend$1.57+8.28%
2022-05-19Dividend$1.45--
2022-02-17Dividend$1.45--
2021-11-18Dividend$1.45--
2021-08-19Dividend$1.45+7.41%
2021-05-20Dividend$1.35--
2021-02-18Dividend$1.35--
2020-11-19Dividend$1.35+2.97%
2020-08-20Dividend$1.31--
2020-05-21Dividend$1.31--
2020-02-20Dividend$1.31--
2019-11-13Dividend$1.31--
2019-08-20Dividend$1.31+15.00%
2019-05-23Dividend$1.14--
2019-02-21Dividend$1.14--
2018-11-14Dividend$1.14--
2018-08-21Dividend$1.14+5.56%
2018-05-17Dividend$1.08--
2018-02-22Dividend$1.08--
2017-11-16Dividend$1.08--
2017-08-16Dividend$1.08+5.37%
2017-05-17Dividend$1.03--
2017-02-22Dividend$1.03--
2016-11-17Dividend$1.03--
2016-08-18Dividend$1.03+5.13%
2016-05-18Dividend$0.98--
2016-02-17Dividend$0.98--
2015-11-18Dividend$0.98--
2015-08-19Dividend$0.98+25.00%
2015-05-19Dividend$0.78--
2015-02-13Dividend$0.78--
2014-11-18Dividend$0.78--
2014-08-20Dividend$0.78+24.80%
2014-05-21Dividend$0.63--
2014-02-19Dividend$0.63--
2013-11-19Dividend$0.63--
2013-08-20Dividend$0.63+25.00%
2013-05-22Dividend$0.50--
2013-02-20Dividend$0.50--
2012-11-20Dividend$0.50--
2012-08-20Dividend$0.50+25.00%
2012-05-16Dividend$0.40--
2012-02-22Dividend$0.40--
2011-11-17Dividend$0.40--
2011-08-18Dividend$0.40+52.38%
2011-05-18Dividend$0.26--
2011-02-16Dividend$0.26--
2010-11-18Dividend$0.26--
2010-08-19Dividend$0.26+50.00%
2010-05-19Dividend$0.18--
2010-02-17Dividend$0.18--
2009-11-18Dividend$0.18--
2009-08-19Dividend$0.18--
2009-05-20Dividend$0.18--
2009-02-18Dividend$0.18--
2008-11-19Dividend$0.18--
2008-08-20Dividend$0.18+40.00%
2008-05-21Dividend$0.13--
2008-02-20Dividend$0.13+4.00%
2008-01-03Split2-1-for-1 Stock SplitN/A
2007-11-14Dividend$0.25--
2007-08-15Dividend$0.25+38.89%
2007-05-16Dividend$0.18--
2007-04-10Split2-1-for-1 Stock SplitN/A
2007-02-14Dividend$0.36--
2006-11-14Dividend$0.36--
2006-08-16Dividend$0.36+20.00%
2006-05-16Dividend$0.30--
2006-02-17Dividend$0.30--
2005-11-14Dividend$0.30--
2005-08-16Dividend$0.30--
2005-05-13Dividend$0.30--
2005-02-17Dividend$0.30--
2004-11-12Dividend$0.30--
2004-08-16Dividend$0.30--
2004-05-12Dividend$0.30--
2004-02-13Dividend$0.30--
2003-11-12Dividend$0.30--
2003-08-13Dividend$0.30--
2003-05-13Dividend$0.30--
2002-11-26Dividend$0.30--
2002-08-28Dividend$0.30--
2002-05-29Dividend$0.30--
2002-02-27Dividend$0.30--
2001-11-28Dividend$0.30--
2001-08-29Dividend$0.30--
2001-05-30Dividend$0.30--
2001-02-27Dividend$0.30--
2000-11-29Dividend$0.30--
2000-08-30Dividend$0.30--
2000-05-30Dividend$0.30--
2000-02-28Dividend$0.30--
1999-11-29Dividend$0.30+9.09%
1999-08-30Dividend$0.28--
1999-05-27Dividend$0.28--
1999-02-25Dividend$0.28+300.00%
1998-11-27Dividend$0.07--
1998-08-28Dividend$0.07--
1998-05-28Dividend$0.07--
1998-02-26Dividend$0.07--
1997-11-26Dividend$0.07--
1997-08-28Dividend$0.07--
1997-05-29Dividend$0.07+10.00%
1997-02-26Dividend$0.06--
1996-11-27Dividend$0.06--
1996-08-29Dividend$0.06--
1996-05-29Dividend$0.06--
1996-02-28Dividend$0.06--
1995-11-29Dividend$0.06--
1995-08-30Dividend$0.06--
1995-05-25Dividend$0.06--
1995-02-23Dividend$0.06--
1994-11-25Dividend$0.06+100.00%
1994-08-26Dividend$0.03--
1994-05-25Dividend$0.03--
1994-02-23Dividend$0.03--
1993-11-24Dividend$0.03+500.00%
1993-11-12Split2-1-for-1 Stock SplitN/A
1993-08-26Dividend$0.01--
1993-05-25Dividend$0.01--
1993-02-23Dividend$0.01--
1992-11-24Dividend$0.01--
1992-08-26Dividend$0.01--
1992-05-26Dividend$0.01--
1992-02-25Dividend$0.01--
1991-11-25Dividend$0.01--
1991-08-26Dividend$0.01--
1991-05-24Dividend$0.01-90.91%
1991-02-25Dividend$0.07--
1990-11-26Dividend$0.07--
1990-08-27Dividend$0.07--
1990-05-25Dividend$0.07--
1990-02-23Dividend$0.07--
1989-11-27Dividend$0.07--
1989-08-28Dividend$0.07--
1989-05-25Dividend$0.07--
1989-02-23Dividend$0.07--
1988-11-25Dividend$0.07--
1988-08-26Dividend$0.07--
1988-05-25Dividend$0.07--
1988-02-24Dividend$0.07--
1987-11-24Dividend$0.07--


CMI Dividends vs. Peers

CMI's dividend yield currently ranks #23 of 103 vs. its peers in the Industrial - Machinery category.
Rank Symbol Name Dividend Yield
1 MIR Mirion Technologies, Inc. 0.00%
2 NDSN Nordson Corporation 0.00%
3 TAYD Taylor Devices, Inc. 0.00%
4 GDI Gardner Denver Holdings, Inc. 0.00%
5 CFX Colfax Corporation 0.00%
6 CMCO Columbus McKinnon Corporation 0.00%
7 POWL Powell Industries, Inc. 0.00%
8 MHVYF Mitsubishi Heavy Industries, Ltd. 0.00%
9 HWM Howmet Aerospace Inc. 0.00%
10 DOV Dover Corp. 0.00%
11 THR Thermon Group Holdings, Inc. 0.00%
12 OUKPY Metso Outotec Oyj 0.00%
13 PACK Ranpak Holdings Corp. 0.00%
14 FLS Flowserve Corporation 0.00%
15 UGRO urban-gro Inc. 0.00%
16 XMTR Xometry, Inc. 0.00%
17 AMDLY Amada Co. Ltd. ADR 0.00%
18 TBLT Toughbuilt Industries, Inc. 0.00%
19 TMRAY Tomra Systems ASA 0.00%
20 GENC Gencor Industries Inc. 0.00%
21 MMM 3M Company 0.00%
22 ALG Alamo Group, Inc. 0.00%
23 CMI Cummins Inc. 0.00%
24 CPST Capstone Turbine Corporation 0.00%
25 TTNDY Techtronic Industries Co. Ltd. ADR 0.00%
26 TNC Tennant Company 0.00%
27 BWEN Broadwind Energy, Inc. 0.00%
28 EPAC Enerpac Tool Group Corp. 0.00%
29 IMIAY IMI plc 0.00%
30 HON Honeywell International Inc. 0.00%
31 CNHI CNH Industrial N.V. 0.00%
32 JCSE JE Cleantech Holdings Limited, 0.00%
33 AME AMETEK Inc. 0.00%
34 FANUY Fanuc Corp. ADR 0.00%
35 IPWR Ideal Power Inc. 0.00%
36 LIQT LiqTech International, Inc. 0.00%
37 SDVKY Sandvik AB ADR 0.00%
38 FLIDY FLSmidth & Co. A/S 0.00%
39 OTIS Otis Worldwide Corp. 0.00%
40 XEBEF Xebec Adsorption Inc. 0.00%
41 AOS A.O. Smith Corp. 0.00%
42 ZLIOY Zoomlion Heavy Industry Science And Technology Co., Ltd. 0.00%
43 AP Ampco-Pittsburgh Corporation 0.00%
44 TWIN Twin Disc, Incorporated 0.00%
45 CR Crane Co. 0.00%
46 JPSWY The Japan Steel Works, Ltd. 0.00%
47 VLDR Velodyne Lidar Inc. 0.00%
48 RRX Regal Rexnord Corp. 0.00%
49 JASN Jason Industries, Inc. 0.00%
50 XRM Xerium Technologies, Inc. New 0.00%
51 RAVN Raven Industries, Inc. 0.00%
52 TWI Titan International, Inc. (DE) 0.00%
53 ATLCY Atlas Copco AB 0.00%
54 MTW Manitowoc Company, Inc. (The) 0.00%
55 CVV CVD Equipment Corporation 0.00%
56 ATSAF ATS Automation Tooling Systems Inc. 0.00%
57 ASTE Astec Industries, Inc. 0.00%
58 GEAGY GEA Group Aktiengesellschaft 0.00%
59 SMCAY SMC Corp. ADR 0.00%
60 SMGZY Smiths Group PLC 0.00%
61 GGG Graco Inc. 0.00%
62 SOHVY Sumitomo Heavy Industries, Ltd. 0.00%
63 HYFM Hydrofarm Holdings Group Inc. 0.00%
64 THKLY THK CO., LTD. 0.00%
65 IEX IDEX Corp. 0.00%
66 KIGRY Kion Group AG ADR 0.00%
67 LII Lennox International Inc. 0.00%
68 MNTX Manitex International, Inc. - common stock 0.00%
69 HDNG Hardinge Inc. 0.00%
70 KMTUY Komatsu Ltd. 0.00%
71 ATU Actuant Corporation 0.00%
72 ABBNY ABB Ltd. ADR 0.00%
73 HDSN Hudson Technologies, Inc. 0.00%
74 GTEC Greenland Technologies Holding Corporation 0.00%
75 KNYJY KONE Oyj 0.00%
76 CW Curtiss-Wright Corporation 0.00%
77 CYD China Yuchai International Limited 0.00%
78 CGNX Cognex Corp. 0.00%
79 CAT Caterpillar, Inc. 0.00%
80 ABB ABB Ltd. ADR 0.00%
81 KRNT Kornit Digital Ltd. - Ordinary Shares 0.00%
82 KWHIY Kawasaki Heavy Industries, Ltd. 0.00%
83 PDEX Pro-Dex, Inc. 0.00%
84 LXFR Luxfer Holdings PLC Ordinary Shares 0.00%
85 GNRC Generac Holdlings Inc. 0.00%
86 HLIO Helios Technologies, Inc. 0.00%
87 ETN Eaton Corp. PLC 0.00%
88 IR Ingersoll Rand Inc. 0.00%
89 WEGRY The Weir Group PLC 0.00%
90 DCI Donaldson Company, Inc. 0.00%
91 ROK Rockwell Automation Inc. 0.00%
92 ROP Roper Technologies Inc. 0.00%
93 UAVS AgEagle Aerial Systems, Inc. 0.00%
94 GRC Gorman-Rupp Co. 0.00%
95 AZZ AZZ Inc. 0.00%
96 ITT ITT Inc. 0.00%
97 ITW Illinois Tool Works Inc. 0.00%
98 LECO Lincoln Electric Holdings, Inc. 0.00%
99 ALFVY Alfa Laval AB AD 0.00%
100 DE Deere & Co. 0.00%
101 MCRN Milacron Holdings Corp. 0.00%
102 JBT John Bean Technologies Corporation 0.00%
103 SPXC SPX Corporation 0.00%

Looking for More Information on CMI dividends?

Want to do more research on Cummins Inc's dividends? Try the links below:

Cummins Inc Common Stock (CMI) Dividend History | Nasdaq
Dividend History for Cummins Inc (CMI) - Dividend Investor
Cummins Inc (CMI) Dividend History - Seeking Alpha

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