Cummins Inc Stock Dividends
Cummins Inc Stock Dividends Overview
CMI pays dividends quarterly. Last paid amount was $1.68 at Jun 06, 2024. As of today, dividend yield (TTM) is 2.69%.
Dividend Yield Range
AI Analysis of CMI
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 2.69% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | $1.68 |
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Cummins Inc has not yet announced its next dividend date. Last payment date was: Jun 06, 2024.
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CMI Dividend Payout History
To ensure a understanding of CMI's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 14, 2024 | May 23, 2024 | Jun 06, 2024 | $1.68 | 0.613% |
| 2 | Feb 22, 2024 | Feb 22, 2024 | Mar 07, 2024 | $1.68 | 0.631% |
| 3 | Oct 10, 2023 | Nov 22, 2023 | Dec 07, 2023 | $1.68 | 0.728% |
| 4 | Jul 11, 2023 | Aug 24, 2023 | Sep 07, 2023 | $1.68 | 0.722% |
| 5 | May 09, 2023 | May 18, 2023 | Jun 01, 2023 | $1.57 | 0.759% |
| 6 | Feb 14, 2023 | Feb 23, 2023 | Mar 09, 2023 | $1.57 | 0.627% |
| 7 | Oct 11, 2022 | Nov 17, 2022 | Dec 01, 2022 | $1.57 | 0.630% |
| 8 | Jul 12, 2022 | Aug 18, 2022 | Sep 01, 2022 | $1.57 | 0.731% |
| 9 | May 10, 2022 | May 19, 2022 | Jun 02, 2022 | $1.45 | 0.685% |
| 10 | Feb 08, 2022 | Feb 17, 2022 | Mar 03, 2022 | $1.45 | 0.694% |
Dividend Sustainability
With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.
Sustainability score
Growth potential
CMI Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from CMI dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in CMI stock here.
Comparing CMI to Sector and Country
CMI pays a solid dividend yield of 2.69%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.611%). CMI’s dividend yield is lower than the average of the top 25% of dividend payers in the Industrials sector in the US market (6.75%), which means that there are more attractive dividend stocks to consider.
CMI Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Stanley Black & Decker Inc | 13.04B | $0.81 | 5.47% | -469.57% | |
| Southwest Airlines Company | 17.05B | $0.180 | 3.77% | 109.16% | |
| Cummins Inc | 38.84B | $1.68 | 2.69% | 48.40% |
