CMI Cummins dividend history, payout ratio & dates
- Stocks
- Industrials
- NYSE: CMI
- Dividend
Cummins's most recent dividend of $1.82 per share was on Feb 21, 2025 (ex-date). The annualized payout of $7.14 per share represents a current dividend yield of 2.4%.
Key dates
- CMI last dividend date: Feb 21, 2025
CMI dividend stats
vs. Industrials sector
Dividend yield
Cummins's dividend yield of 2.4% is higher than the Industrials sector, the industry and its peers average. In comparison with the Industrials sector average of 1.62%, Cummins's dividend yield is 48% higher. The current dividend yield is in line with the historical average of 2.5% of the last 5 years.
Dividend history
Cummins has a history of paying dividends since 1991. Our records of CMI show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 8% for the last year. And since the stock price has gone up by 3.8% from a year ago, the dividend yield has increased by 4.2%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Feb 21, 2025 | $1.82 | 1.95% |
| Nov 22, 2024 | $1.82 | 1.88% |
| Aug 23, 2024 | $1.82 | 2.22% |
| May 23, 2024 | $1.68 | 2.37% |
| Feb 22, 2024 | $1.68 | 2.51% |
| Nov 22, 2023 | $1.68 | 2.9% |
| Aug 24, 2023 | $1.68 | 2.77% |
| May 18, 2023 | $1.57 | 2.93% |
| Feb 23, 2023 | $1.57 | 2.49% |
| Nov 17, 2022 | $1.57 | 2.43% |
| Aug 18, 2022 | $1.57 | 2.57% |
| May 19, 2022 | $1.45 | 2.87% |
| Feb 17, 2022 | $1.45 | 2.61% |
| Nov 18, 2021 | $1.45 | 2.46% |
| Aug 19, 2021 | $1.45 | 2.38% |
| May 20, 2021 | $1.35 | 2.1% |
| Feb 18, 2021 | $1.35 | 2.2% |
| Nov 19, 2020 | $1.35 | 2.27% |
| Aug 20, 2020 | $1.311 | 2.51% |
| May 21, 2020 | $1.311 | 3.33% |
| Feb 20, 2020 | $1.311 | 3.04% |
| Nov 13, 2019 | $1.311 | 2.71% |
| Aug 20, 2019 | $1.311 | 3.24% |
| May 23, 2019 | $1.14 | 2.86% |
| Feb 21, 2019 | $1.14 | 2.92% |
| Nov 14, 2018 | $1.14 | 3.04% |
| Aug 21, 2018 | $1.14 | 3.01% |
| May 17, 2018 | $1.08 | 2.95% |
| Feb 22, 2018 | $1.08 | 2.55% |
| Nov 16, 2017 | $1.08 | 2.52% |
| Aug 16, 2017 | $1.08 | 2.69% |
| May 17, 2017 | $1.025 | 2.67% |
| Feb 22, 2017 | $1.025 | 2.66% |
| Nov 17, 2016 | $1.025 | 2.95% |
| Aug 18, 2016 | $1.025 | 3.13% |
| May 18, 2016 | $0.975 | 3.52% |
| Feb 17, 2016 | $0.975 | 3.8% |
| Nov 18, 2015 | $0.975 | 3.57% |
| Aug 19, 2015 | $0.975 | 2.6% |
| May 19, 2015 | $0.78 | 2.22% |
| Feb 13, 2015 | $0.78 | 2.13% |
Cummins dividend payout ratio
Payout ratio
Cummins's payout ratio of 35.2% is above the Industrials sector and the industry average but below its peers average. But in comparison with its Industrials sector average of 35%, Cummins's payout ratio is only 0.6% higher.
Total amount of dividends paid per financial year (from cash flow)
CMI dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| PCAR Paccar Inc | 4.64% | $4.23 | 64% |
| CMI Cummins Inc | 2.32% | $7.14 | 35.2% |
| CAT Caterpillar Inc | 1.73% | $5.64 | 27.4% |
| BWA Borgwarner Inc | 1.4% | $0.44 | 33.3% |
| GE General Electric Co | 0.69% | $1.48 | 22.8% |
Frequently asked questions
Does Cummins pay a dividend?
Yes, Cummins has been paying dividends for the last 34 years.
When was CMI's last dividend?
Cummins's last dividend ex-date was on Feb 21, 2025. The dividend amount was $1.82 per share.
How much dividend does Cummins pay (per share)?
CMI has paid dividend of $7.14 per share in the last year.
What is Cummins's dividend yield?
The current dividend yield of Cummins is 2.4%.
How often does Cummins pay dividends?
Cummins pays four dividends per year.
What is Cummins's dividend payout ratio?
Cummins's dividend payout ratio is 35.2%.
Does Cummins pay a good dividend?
Cummins's dividend yield is higher than the Industrials sector average.
Special dividends are included in TTM DPS and yield.