Cummins Inc. (CMI) Dividends

Cummins Inc. (CMI): $245.64

-4.78 (-1.91%)

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
2.51%
CMI Annual Dividend
$6.28
CMI Payout Ratio

CMI Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$245.64$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
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CMI Dividends vs. Peers

CMI's dividend yield currently ranks #14 of 102 vs. its peers in the Industrial - Machinery category.
Rank Symbol Name Dividend Yield
1 CYD China Yuchai International Limited 5.64%
2 MMM 3M Company 4.62%
3 SOHVY Sumitomo Heavy Industries, Ltd. 4.46%
4 POWL Powell Industries, Inc. 3.95%
5 KIGRY Kion Group AG ADR 3.45%
6 LXFR Luxfer Holdings PLC Ordinary Shares 3.36%
7 AMDLY Amada Co. Ltd. ADR 3.34%
8 SMGZY Smiths Group PLC 2.92%
9 KMTUY Komatsu Ltd. 2.89%
10 KNYJY KONE Oyj 2.83%
11 GEAGY GEA Group Aktiengesellschaft 2.74%
12 GRC Gorman-Rupp Co. 2.53%
13 FLS Flowserve Corporation 2.52%
14 CMI Cummins Inc. 2.51%
15 ITW Illinois Tool Works Inc. 2.29%
16 TTNDY Techtronic Industries Co. Ltd. ADR 2.09%
17 SDVKY Sandvik AB ADR 2.04%
18 CAT Caterpillar, Inc. 2.04%
19 THKLY THK CO., LTD. 1.95%
20 ETN Eaton Corp. PLC 1.95%
21 AOS A.O. Smith Corp. 1.94%
22 HON Honeywell International Inc. 1.87%
23 JPSWY The Japan Steel Works, Ltd. 1.82%
24 ROK Rockwell Automation Inc. 1.78%
25 FANUY Fanuc Corp. ADR 1.77%
26 CR Crane Co. 1.75%
27 ABB ABB Ltd. ADR 1.68%
28 AZZ AZZ Inc. 1.64%
29 LII Lennox International Inc. 1.59%
30 TNC Tennant Company 1.58%
31 ALFVY Alfa Laval AB AD 1.58%
32 DCI Donaldson Company, Inc. 1.50%
33 LECO Lincoln Electric Holdings, Inc. 1.50%
34 OTIS Otis Worldwide Corp. 1.47%
35 DOV Dover Corp. 1.41%
36 ITT ITT Inc. 1.25%
37 GGG Graco Inc. 1.20%
38 ASTE Astec Industries, Inc. 1.17%
39 KWHIY Kawasaki Heavy Industries, Ltd. 1.11%
40 NDSN Nordson Corporation 1.10%
41 RRX Regal Rexnord Corp. 1.08%
42 WEGRY The Weir Group PLC 1.08%
43 IMIAY IMI plc 1.07%
44 SMCAY SMC Corp. ADR 1.02%
45 DE Deere & Co. 1.02%
46 IEX IDEX Corp. 1.01%
47 CMCO Columbus McKinnon Corporation 0.90%
48 HLIO Helios Technologies, Inc. 0.65%
49 AME AMETEK Inc. 0.62%
50 CGNX Cognex Corp. 0.57%
51 ROP Roper Technologies Inc. 0.57%
52 ALG Alamo Group, Inc. 0.48%
53 JBT John Bean Technologies Corporation 0.44%
54 HWM Howmet Aerospace Inc. 0.42%
55 CW Curtiss-Wright Corporation 0.42%
56 ATU Actuant Corporation 0.18%
57 EPAC Enerpac Tool Group Corp. 0.16%
58 IR Ingersoll Rand Inc. 0.15%
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

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