CMI
Cummins
dividend history, payout ratio & dates
- Stocks
- Industrials
- NYSE: CMI
- Dividend
Last dividend date: May 22, 2026
Dividend yield: 1.13%
Payout ratio: 41.3%
Cummins's most recent dividend of $2 per share was on May 22, 2026 (ex-date). The annualized payout of $8 per share represents a current dividend yield of 1.1%.
CMI dividend stats
vs. Industrials sector
Cummins Dividend yield
Cummins's dividend yield of 1.1% is higher than its peers average but lower than the Industrials sector and the industry average. In comparison with the Industrials sector average of 1.5%, Cummins's dividend yield is 27% lower. The current dividend yield is lower than the historical average of 2.3% of the last 5 years.
CMI 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 10% for the last year. But since the stock price has gone up by 131% from a year ago, the dividend yield has decreased by 53%.
Cummins Dividend history chart
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| May 22, 2026 | $2 | 1.25% |
| Feb 20, 2026 | $2 | 1.32% |
| Nov 21, 2025 | $2 | 1.62% |
| Aug 22, 2025 | $2 | 1.85% |
| May 23, 2025 | $1.82 | 2.29% |
| 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 41.3% is above the Industrials sector, the industry and its peers average. In comparison with its Industrials sector average of 32.7%, Cummins's payout ratio is 26% 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 | 2.31% | $2.74 | 58.2% |
| CMI Cummins Inc | 1.13% | $8 | 41.3% |
| BWA Borgwarner Inc | 0.95% | $0.68 | 38.9% |
| CAT Caterpillar Inc | 0.61% | $6.04 | 29.9% |
| GE General Electric Co | 0.43% | $1.55 | 18.9% |
Frequently asked questions
Does Cummins pay a dividend?
Yes, Cummins has been paying dividends for the last 35 years.
When was CMI's last dividend?
Cummins's last dividend ex-date was on May 22, 2026. The dividend amount was $2 per share.
How much dividend does Cummins pay (per share)?
CMI has paid dividend of $8 per share in the last year.
What is Cummins's dividend yield?
The current dividend yield of Cummins is 1.1%.
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 41.3%.
Does Cummins pay a good dividend?
Cummins's dividend yield is lower than the Industrials sector average.
Special dividends are included in TTM DPS and yield.