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
Cummins's dividend yield of 2.28% is higher than the Industrials sector, the industry and its peers average.
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%.
| 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 |
Cummins's payout ratio of 36.6% is above the Industrials sector and its peers average but below the industry average.