Cummins Inc. (CMI) Dividends

Cummins Inc. (CMI): $194.11

0.58 (+0.30%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

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 Ex-Dividend Date
CMI Dividend Yield
2.99%
CMI Annual Dividend
$5.80
CMI Payout Ratio

CMI Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$194.11$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 Chart


CMI Dividend History

Ex-Dividend Date Type Payout Amount Change
Loading, please wait...


CMI Dividends vs. Peers

CMI's dividend yield currently ranks #5 of 102 vs. its peers in the Industrial - Machinery category.
Rank Symbol Name Dividend Yield
1 CYD China Yuchai International Limited 19.27%
2 MMM 3M Company 4.61%
3 POWL Powell Industries, Inc. 4.45%
4 LXFR Luxfer Holdings PLC Ordinary Shares 3.44%
5 CMI Cummins Inc. 3.00%
6 KMTUY Komatsu Ltd. 2.99%
7 KNYJY KONE Oyj 2.94%
8 AMDLY Amada Co. Ltd. ADR 2.91%
9 FLS Flowserve Corporation 2.79%
10 GEAGY GEA Group Aktiengesellschaft 2.74%
11 ITW Illinois Tool Works Inc. 2.68%
12 THKLY THK CO., LTD. 2.57%
13 ETN Eaton Corp. PLC 2.57%
14 CAT Caterpillar, Inc. 2.48%
15 KIGRY KION GROUP AG 2.40%
16 GRC Gorman-Rupp Co. 2.40%
17 TTNDY Techtronic Industries Co Ltd ("TTI") 2.35%
18 SDVKY Sandvik AB 2.35%
19 HON Honeywell International Inc. 2.26%
20 ROK Rockwell Automation Inc. 2.25%
21 IMIAY IMI plc 2.24%
22 CR Crane Co. 2.15%
23 AOS A.O. Smith Corporation 2.05%
24 LII Lennox International, Inc. 2.05%
25 ABB ABB Ltd 1.98%
26 DCI Donaldson Company, Inc. 1.91%
27 ALFVY Alfa Laval AB 1.91%
28 LECO Lincoln Electric Holdings, Inc. 1.82%
29 TNC Tennant Company 1.69%
30 AZZ AZZ Inc. 1.67%
31 DOV Dover Corp. 1.65%
32 OTIS Otis Worldwide Corp. 1.64%
33 SMGZY Smiths Group PLC 1.58%
34 ITT ITT Inc. 1.58%
35 DE Deere & Co. 1.51%
36 WEGRY The Weir Group PLC 1.44%
37 GGG Graco Inc. 1.41%
38 IEX IDEX Corporation 1.32%
39 RRX Regal Rexnord Corp. 1.23%
40 KWHIY Kawasaki Heavy Industries, Ltd. 1.20%
41 ASTE Astec Industries, Inc. 1.18%
42 NDSN Nordson Corporation 1.01%
43 CMCO Columbus McKinnon Corporation 0.99%
44 FANUY Fanuc Corporation 0.97%
45 SOHVY Sumitomo Heavy Industries, Ltd. 0.93%
46 AME AMETEK Inc. 0.80%
47 JPSWY The Japan Steel Works, Ltd. 0.66%
48 ROP Roper Technologies Inc. 0.63%
49 ALG Alamo Group, Inc. 0.62%
50 CGNX Cognex Corporation 0.61%
51 CW Curtiss-Wright Corporation 0.58%
52 HLIO Helios Technologies, Inc. 0.54%
53 SMCAY SMC CORPORATION 0.45%
54 JBT John Bean Technologies Corporation 0.36%
55 HWM Howmet Aerospace Inc. 0.25%
56 EPAC Enerpac Tool Group Corp. 0.21%
57 IR Ingersoll Rand Inc. 0.19%
58 ATU Actuant Corporation 0.18%
59 HDNG Hardinge Inc. 0.11%
60 MIR Mirion Technologies, Inc. 0.00%
61 TAYD Taylor Devices, Inc. 0.00%
62 GDI Gardner Denver Holdings, Inc. 0.00%
63 CFX Colfax Corporation 0.00%
64 MHVYF Mitsubishi Heavy Industries, Ltd. 0.00%
65 THR Thermon Group Holdings, Inc. 0.00%
66 PACK Ranpak Holdings Corp. 0.00%
67 UGRO urban-gro Inc. 0.00%
68 XMTR Xometry, Inc. 0.00%
69 TBLT Toughbuilt Industries, Inc. 0.00%
70 GENC Gencor Industries Inc. 0.00%
71 CPST Capstone Turbine Corporation 0.00%
72 BWEN Broadwind Energy, Inc. 0.00%
73 CNHI CNH Industrial N.V. 0.00%
74 JCSE JE Cleantech Holdings Limited, 0.00%
75 IPWR Ideal Power Inc. 0.00%
76 LIQT LiqTech International, Inc. 0.00%
77 AP Ampco-Pittsburgh Corporation 0.00%
78 TWIN Twin Disc, Incorporated 0.00%
79 VLDR Velodyne Lidar Inc. 0.00%
80 JASN Jason Industries, Inc. 0.00%
81 XRM Xerium Technologies, Inc. New 0.00%
82 RAVN Raven Industries, Inc. 0.00%
83 TWI Titan International, Inc. (DE) 0.00%
84 MTW Manitowoc Company, Inc. (The) 0.00%
85 CVV CVD Equipment Corporation 0.00%
86 HYFM Hydrofarm Holdings Group Inc. 0.00%
87 MNTX Manitex International, Inc. - common stock 0.00%
88 HDSN Hudson Technologies, Inc. 0.00%
89 GTEC Greenland Technologies Holding Corporation 0.00%
90 KRNT Kornit Digital Ltd. - Ordinary Shares 0.00%
91 PDEX Pro-Dex, Inc. 0.00%
92 GNRC Generac Holdlings Inc. 0.00%
93 UAVS AgEagle Aerial Systems, Inc. 0.00%
94 MCRN Milacron Holdings Corp. 0.00%
95 SPXC SPX Corporation 0.00%
96 OUKPY Metso Outotec Oyj 0.00%
97 TMRAY Tomra Systems ASA 0.00%
98 FLIDY FLSmidth & Co. A/S 0.00%
99 XEBEF Xebec Adsorption Inc. 0.00%
100 ZLIOY Zoomlion Heavy Industry Science And Technology Co., Ltd. 0.00%
101 ATLCY Atlas Copco AB 0.00%
102 ATSAF ATS Automation Tooling Systems Inc. 0.00%

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

Get Free Updates

Join thousands of investors who get the latest news, insights and top rated picks from StockNews.com!




Page generated in 0.4085 seconds.