Cummins Inc. (CMI) Dividends
Dividend Yield and Dividend History Highlights
- CMI has issued more total dividends (as measured in absolute US dollars) over the past six years than 88.35% of other US stocks currently paying dividends.
- If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with CMI that may be suitable potential portfolio mates: TRP, RGCO, PAHC, APH and ADC.
CMI Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $360.95 | $235.51 | 10.89% |
For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. Regarding Cummins Inc, the dividend discount model StockNews created for the company implies a positive return of 10.89%. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Cummins Inc are:
- In comparison to other stocks in the Industrials sector, Cummins Inc offers a higher dividend yield than 81.12% of them.
- In comparison to other US listed dividend yielding stocks in the Industrials sector, the expected return of 10.89%, based on the stock's current share price and target price based on a dividend discount model, is greater than 77.68% of the DDM-forecasted return of its its sector peers.
- Out of all stocks in our universe of US-listed dividend-issuing stocks, CMI has a discount rate lower than 77.68% of them (a lower discount rate is associated with lower risk).
- In comparison to its fellow dividend issuing stocks in the Industrials sector, Cummins Inc has an equity discount rate lower than 71.67% of them.
CMI Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-11-22 | Dividend | $1.82 | -- |
| 2024-08-23 | Dividend | $1.82 | +8.33% |
| 2024-05-23 | Dividend | $1.68 | -- |
| 2024-02-22 | Dividend | $1.68 | -- |
| 2023-11-22 | Dividend | $1.68 | -- |
| 2023-08-24 | Dividend | $1.68 | +7.01% |
| 2023-05-18 | Dividend | $1.57 | -- |
| 2023-02-23 | Dividend | $1.57 | -- |
| 2022-11-17 | Dividend | $1.57 | -- |
| 2022-08-18 | Dividend | $1.57 | +8.28% |
| 2022-05-19 | Dividend | $1.45 | -- |
| 2022-02-17 | Dividend | $1.45 | -- |
| 2021-11-18 | Dividend | $1.45 | -- |
| 2021-08-19 | Dividend | $1.45 | +7.41% |
| 2021-05-20 | Dividend | $1.35 | -- |
| 2021-02-18 | Dividend | $1.35 | -- |
| 2020-11-19 | Dividend | $1.35 | +2.97% |
| 2020-08-20 | Dividend | $1.31 | -- |
| 2020-05-21 | Dividend | $1.31 | -- |
| 2020-02-20 | Dividend | $1.31 | -- |
| 2019-11-13 | Dividend | $1.31 | -- |
| 2019-08-20 | Dividend | $1.31 | +15.00% |
| 2019-05-23 | Dividend | $1.14 | -- |
| 2019-02-21 | Dividend | $1.14 | -- |
| 2018-11-14 | Dividend | $1.14 | -- |
| 2018-08-21 | Dividend | $1.14 | +5.56% |
| 2018-05-17 | Dividend | $1.08 | -- |
| 2018-02-22 | Dividend | $1.08 | -- |
| 2017-11-16 | Dividend | $1.08 | -- |
| 2017-08-16 | Dividend | $1.08 | +5.37% |
| 2017-05-17 | Dividend | $1.03 | -- |
| 2017-02-22 | Dividend | $1.03 | -- |
| 2016-11-17 | Dividend | $1.03 | -- |
| 2016-08-18 | Dividend | $1.03 | +5.13% |
| 2016-05-18 | Dividend | $0.98 | -- |
| 2016-02-17 | Dividend | $0.98 | -- |
| 2015-11-18 | Dividend | $0.98 | -- |
| 2015-08-19 | Dividend | $0.98 | +25.00% |
| 2015-05-19 | Dividend | $0.78 | -- |
| 2015-02-13 | Dividend | $0.78 | -- |
| 2014-11-18 | Dividend | $0.78 | -- |
| 2014-08-20 | Dividend | $0.78 | +24.80% |
| 2014-05-21 | Dividend | $0.63 | -- |
| 2014-02-19 | Dividend | $0.63 | -- |
| 2013-11-19 | Dividend | $0.63 | -- |
| 2013-08-20 | Dividend | $0.63 | +25.00% |
| 2013-05-22 | Dividend | $0.50 | -- |
| 2013-02-20 | Dividend | $0.50 | -- |
| 2012-11-20 | Dividend | $0.50 | -- |
| 2012-08-20 | Dividend | $0.50 | +25.00% |
| 2012-05-16 | Dividend | $0.40 | -- |
| 2012-02-22 | Dividend | $0.40 | -- |
| 2011-11-17 | Dividend | $0.40 | -- |
| 2011-08-18 | Dividend | $0.40 | +52.38% |
| 2011-05-18 | Dividend | $0.26 | -- |
| 2011-02-16 | Dividend | $0.26 | -- |
| 2010-11-18 | Dividend | $0.26 | -- |
| 2010-08-19 | Dividend | $0.26 | +50.00% |
| 2010-05-19 | Dividend | $0.18 | -- |
| 2010-02-17 | Dividend | $0.18 | -- |
| 2009-11-18 | Dividend | $0.18 | -- |
| 2009-08-19 | Dividend | $0.18 | -- |
| 2009-05-20 | Dividend | $0.18 | -- |
| 2009-02-18 | Dividend | $0.18 | -- |
| 2008-11-19 | Dividend | $0.18 | -- |
| 2008-08-20 | Dividend | $0.18 | +40.00% |
| 2008-05-21 | Dividend | $0.13 | -- |
| 2008-02-20 | Dividend | $0.13 | +4.00% |
| 2008-01-03 | Split | 2-1-for-1 Stock Split | N/A |
| 2007-11-14 | Dividend | $0.25 | -- |
| 2007-08-15 | Dividend | $0.25 | +38.89% |
| 2007-05-16 | Dividend | $0.18 | -- |
| 2007-04-10 | Split | 2-1-for-1 Stock Split | N/A |
| 2007-02-14 | Dividend | $0.36 | -- |
| 2006-11-14 | Dividend | $0.36 | -- |
| 2006-08-16 | Dividend | $0.36 | +20.00% |
| 2006-05-16 | Dividend | $0.30 | -- |
| 2006-02-17 | Dividend | $0.30 | -- |
| 2005-11-14 | Dividend | $0.30 | -- |
| 2005-08-16 | Dividend | $0.30 | -- |
| 2005-05-13 | Dividend | $0.30 | -- |
| 2005-02-17 | Dividend | $0.30 | -- |
| 2004-11-12 | Dividend | $0.30 | -- |
| 2004-08-16 | Dividend | $0.30 | -- |
| 2004-05-12 | Dividend | $0.30 | -- |
| 2004-02-13 | Dividend | $0.30 | -- |
| 2003-11-12 | Dividend | $0.30 | -- |
| 2003-08-13 | Dividend | $0.30 | -- |
| 2003-05-13 | Dividend | $0.30 | -- |
| 2002-11-26 | Dividend | $0.30 | -- |
| 2002-08-28 | Dividend | $0.30 | -- |
| 2002-05-29 | Dividend | $0.30 | -- |
| 2002-02-27 | Dividend | $0.30 | -- |
| 2001-11-28 | Dividend | $0.30 | -- |
| 2001-08-29 | Dividend | $0.30 | -- |
| 2001-05-30 | Dividend | $0.30 | -- |
| 2001-02-27 | Dividend | $0.30 | -- |
| 2000-11-29 | Dividend | $0.30 | -- |
| 2000-08-30 | Dividend | $0.30 | -- |
| 2000-05-30 | Dividend | $0.30 | -- |
| 2000-02-28 | Dividend | $0.30 | -- |
| 1999-11-29 | Dividend | $0.30 | +9.09% |
| 1999-08-30 | Dividend | $0.28 | -- |
| 1999-05-27 | Dividend | $0.28 | -- |
| 1999-02-25 | Dividend | $0.28 | +300.00% |
| 1998-11-27 | Dividend | $0.07 | -- |
| 1998-08-28 | Dividend | $0.07 | -- |
| 1998-05-28 | Dividend | $0.07 | -- |
| 1998-02-26 | Dividend | $0.07 | -- |
| 1997-11-26 | Dividend | $0.07 | -- |
| 1997-08-28 | Dividend | $0.07 | -- |
| 1997-05-29 | Dividend | $0.07 | +10.00% |
| 1997-02-26 | Dividend | $0.06 | -- |
| 1996-11-27 | Dividend | $0.06 | -- |
| 1996-08-29 | Dividend | $0.06 | -- |
| 1996-05-29 | Dividend | $0.06 | -- |
| 1996-02-28 | Dividend | $0.06 | -- |
| 1995-11-29 | Dividend | $0.06 | -- |
| 1995-08-30 | Dividend | $0.06 | -- |
| 1995-05-25 | Dividend | $0.06 | -- |
| 1995-02-23 | Dividend | $0.06 | -- |
| 1994-11-25 | Dividend | $0.06 | +100.00% |
| 1994-08-26 | Dividend | $0.03 | -- |
| 1994-05-25 | Dividend | $0.03 | -- |
| 1994-02-23 | Dividend | $0.03 | -- |
| 1993-11-24 | Dividend | $0.03 | +500.00% |
| 1993-11-12 | Split | 2-1-for-1 Stock Split | N/A |
| 1993-08-26 | Dividend | $0.01 | -- |
| 1993-05-25 | Dividend | $0.01 | -- |
| 1993-02-23 | Dividend | $0.01 | -- |
| 1992-11-24 | Dividend | $0.01 | -- |
| 1992-08-26 | Dividend | $0.01 | -- |
| 1992-05-26 | Dividend | $0.01 | -- |
| 1992-02-25 | Dividend | $0.01 | -- |
| 1991-11-25 | Dividend | $0.01 | -- |
| 1991-08-26 | Dividend | $0.01 | -- |
| 1991-05-24 | Dividend | $0.01 | -90.91% |
| 1991-02-25 | Dividend | $0.07 | -- |
| 1990-11-26 | Dividend | $0.07 | -- |
| 1990-08-27 | Dividend | $0.07 | -- |
| 1990-05-25 | Dividend | $0.07 | -- |
| 1990-02-23 | Dividend | $0.07 | -- |
| 1989-11-27 | Dividend | $0.07 | -- |
| 1989-08-28 | Dividend | $0.07 | -- |
| 1989-05-25 | Dividend | $0.07 | -- |
| 1989-02-23 | Dividend | $0.07 | -- |
| 1988-11-25 | Dividend | $0.07 | -- |
| 1988-08-26 | Dividend | $0.07 | -- |
| 1988-05-25 | Dividend | $0.07 | -- |
| 1988-02-24 | Dividend | $0.07 | -- |
| 1987-11-24 | Dividend | $0.07 | -- |
CMI Dividends vs. Peers
CMI's dividend yield currently ranks #23 of 104 vs. its peers in the Industrial - Machinery category.
Looking for More Information on CMI dividends?
Want to do more research on Cummins Inc's dividends? Try the links below:Cummins Inc Common Stock (CMI) Dividend History | Nasdaq
Dividend History for Cummins Inc (CMI) - Dividend Investor
Cummins Inc (CMI) Dividend History - Seeking Alpha