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CMI Cummins Inc Dividend

Cummins's most recent quarterly dividend of $1.45 per share was on Aug 19, 2021 (ex-date). The annualized payout of $5.5 per share represents a current dividend yield of 2.28%. The latest CMI distribution of $1.45 marks a dividend growth of 7%.

CMI next dividend date: Nov 18, 2021

CMI
DPS
$5.5
Dividend yield
2.28%
Payout ratio
36.6%
Industrials sector
Dividend yield
1.61%
Payout ratio
36.2%

Dividend yield

Cummins's dividend yield of 2.28% is higher than the Industrials sector, the industry and its peers average.

Dividend history

Cummins has a history of paying dividends since 1994. Our records of CMI show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 4.9% for the last year. But since the stock price has gone up by 8% from a year ago, the dividend yield has decreased by 2.8%.

Recent dividends

Declared on Ex-date Payment date Amount Type
Jul 13, 2021 Aug 19, 2021 Sep 2, 2021 $1.45 normal
May 11, 2021 May 20, 2021 Jun 3, 2021 $1.35 normal
Feb 9, 2021 Feb 18, 2021 Mar 4, 2021 $1.35 normal
Oct 13, 2020 Nov 19, 2020 Dec 3, 2020 $1.35 normal
Jul 14, 2020 Aug 20, 2020 Sep 3, 2020 $1.311 normal
May 12, 2020 May 21, 2020 Jun 4, 2020 $1.311 normal
Feb 11, 2020 Feb 20, 2020 Mar 5, 2020 $1.311 normal
Oct 7, 2019 Nov 13, 2019 Dec 2, 2019 $1.311 normal
Jul 9, 2019 Aug 20, 2019 Sep 3, 2019 $1.311 normal
May 14, 2019 May 23, 2019 Jun 5, 2019 $1.14 normal
Feb 12, 2019 Feb 21, 2019 Mar 7, 2019 $1.14 normal
Oct 9, 2018 Nov 14, 2018 Dec 3, 2018 $1.14 normal
Jul 10, 2018 Aug 21, 2018 Sep 4, 2018 $1.14 normal
May 14, 2018 May 17, 2018 Jun 1, 2018 $1.08 normal
Feb 13, 2018 Feb 22, 2018 Mar 8, 2018 $1.08 normal
Oct 10, 2017 Nov 16, 2017 Dec 1, 2017 $1.08 normal
Jul 11, 2017 Aug 16, 2017 Sep 1, 2017 $1.08 normal
May 9, 2017 May 17, 2017 Jun 1, 2017 $1.025 normal
Feb 14, 2017 Feb 22, 2017 Mar 6, 2017 $1.025 normal
Oct 11, 2016 Nov 17, 2016 Dec 1, 2016 $1.025 normal
Jul 12, 2016 Aug 18, 2016 Sep 1, 2016 $1.025 normal
May 10, 2016 May 18, 2016 Jun 1, 2016 $0.975 normal
Feb 9, 2016 Feb 17, 2016 Mar 1, 2016 $0.975 normal
Oct 13, 2015 Nov 18, 2015 Dec 1, 2015 $0.975 normal
Jul 14, 2015 Aug 19, 2015 Sep 1, 2015 $0.975 normal

Dividend payouts

Payout ratio

Cummins's payout ratio of 36.6% is above the Industrials sector and its peers average but below the industry average.

Total amount of dividends paid per year (from cash flow)