Cummins Inc.

Cummins Inc.

CMIยทNYSE

$682.33

+6.0%
IndustrialsIndustrial - Machinery

Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, electric and hybrid powertrains, and related components worldwide. It operates through five segments: Engine, Distribution, Components, Power Systems, and New Power. The company offers diesel and natural gas-powered engines under the Cummins and other customer brands for the heavy and medium-duty truck, bus, recreational vehicle, light-duty automotive, construction, mining, marine, rail, oil and gas, defense, and agricultural markets; and offers new parts and services, as well as remanufactured parts and engines. It also provides power generation systems, high-horsepower engines, heavy and medium duty engines, application engineering services, custom-designed assemblies, retail and wholesale aftermarket parts, and in-shop and field-based repair services. In addition, the company offers emission solutions; turbochargers; air and fuel filters, fuel water separators, lube and hydraulic filters, coolants, fuel additives, and other filtration systems; and electronic control modules, sensors, and supporting software, as well as new, replacement, and remanufactured fuel systems. Further, it provides automated transmissions; standby and prime power generators, controls, paralleling systems, and transfer switches, as well as A/C generator/alternator products under the Stamford and AVK brands; and electrified power systems with components and subsystems, including battery, fuel cell, and hydrogen production technologies. Additionally, it offers filtration, aftertreatment, controls systems, air handling systems, automated transmissions, electric power generation systems, and batteries. The company sells its products to original equipment manufacturers, distributors, dealers, and other customers. The company was formerly known as Cummins Engine Company and changed its name to Cummins Inc. in 2001. Cummins Inc. was founded in 1919 and is headquartered in Columbus, Indiana.

At a Glance

Live Snapshot
Market Cap$94.15B
EPS20.6200
P/E Ratio33.09
Earnings Date08/04/2026
0.37%
Dividend Yield
-6%
3Y-44.0%
5Y-28.0%
10Y-57.0%
42.20%
Dividend Payout Ratio
-10%
3Y+50.0%
5Y+29.0%
10Y+5.0%
3Y+24.0%
5Y+40.0%
10Y+69.0%
Cummins Inc.

Cummins Inc. Dividend History

CMI ยท NYSE
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%

CMI Dividend Payment History

CMI ยท NYSE

Total Payments

50

Latest Dividend

$2.0000

Annual Amount

$9.8200

Frequency

Quarterly

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
May 12, 2026
May 22, 2026Jun 4, 2026
$2.0000
$2.0000
Quarterly0.00%
Feb 10, 2026
Feb 20, 2026Mar 5, 2026
$2.0000
$2.0000
Quarterly0.00%
Oct 14, 2025
Nov 21, 2025Dec 4, 2025
$2.0000
$2.0000
Quarterly0.00%
Jul 15, 2025
Aug 22, 2025Sep 4, 2025
$2.0000
$2.0000
Quarterly+9.89%
May 13, 2025
May 23, 2025Jun 5, 2025
$1.8200
$1.8200
Quarterly0.00%
Feb 11, 2025
Feb 21, 2025Mar 6, 2025
$1.8200
$1.8200
Quarterly0.00%
Oct 15, 2024
Nov 22, 2024Dec 5, 2024
$1.8200
$1.8200
Quarterly0.00%
Jul 9, 2024
Aug 23, 2024Sep 5, 2024
$1.8200
$1.8200
Quarterly+8.33%
May 14, 2024
May 24, 2024Jun 6, 2024
$1.6800
$1.6800
Quarterly0.00%
Feb 13, 2024
Feb 23, 2024Mar 7, 2024
$1.6800
$1.6800
Quarterly0.00%
Oct 10, 2023
Nov 24, 2023Dec 7, 2023
$1.6800
$1.6800
Quarterly0.00%
Jul 11, 2023
Aug 25, 2023Sep 7, 2023
$1.6800
$1.6800
Quarterly+7.01%
May 9, 2023
May 19, 2023Jun 1, 2023
$1.5700
$1.5700
Quarterly0.00%
Feb 14, 2023
Feb 24, 2023Mar 9, 2023
$1.5700
$1.5700
Quarterly0.00%
Oct 11, 2022
Nov 18, 2022Dec 1, 2022
$1.5700
$1.5700
Quarterly0.00%
Jul 12, 2022
Aug 19, 2022Sep 1, 2022
$1.5700
$1.5700
Quarterly+8.28%
May 10, 2022
May 20, 2022Jun 2, 2022
$1.4500
$1.4500
Quarterly0.00%
Feb 8, 2022
Feb 18, 2022Mar 3, 2022
$1.4500
$1.4500
Quarterly0.00%
Oct 12, 2021
Nov 19, 2021Dec 2, 2021
$1.4500
$1.4500
Quarterly0.00%
Jul 13, 2021
Aug 20, 2021Sep 2, 2021
$1.4500
$1.4500
Quarterly+7.41%
May 11, 2021
May 21, 2021Jun 3, 2021
$1.3500
$1.3500
Quarterly0.00%
Feb 9, 2021
Feb 19, 2021Mar 4, 2021
$1.3500
$1.3500
Quarterly0.00%
Oct 13, 2020
Nov 20, 2020Dec 3, 2020
$1.3500
$1.3500
Quarterly+2.97%
Jul 14, 2020
Aug 21, 2020Sep 3, 2020
$1.3110
$1.3110
Quarterly0.00%
May 12, 2020
May 22, 2020Jun 4, 2020
$1.3110
$1.3110
Quarterly0.00%
Feb 11, 2020
Feb 21, 2020Mar 5, 2020
$1.3110
$1.3110
Quarterly0.00%
Oct 7, 2019
Nov 14, 2019Dec 2, 2019
$1.3110
$1.3110
Quarterly0.00%
Jul 9, 2019
Aug 21, 2019Sep 3, 2019
$1.3110
$1.3110
Quarterly+15.00%
May 14, 2019
May 24, 2019Jun 5, 2019
$1.1400
$1.1400
Quarterly0.00%
Feb 12, 2019
Feb 22, 2019Mar 7, 2019
$1.1400
$1.1400
Quarterly0.00%
Oct 9, 2018
Nov 15, 2018Dec 3, 2018
$1.1400
$1.1400
Quarterly0.00%
Jul 10, 2018
Aug 22, 2018Sep 4, 2018
$1.1400
$1.1400
Quarterly+5.56%
May 8, 2018
May 18, 2018Jun 1, 2018
$1.0800
$1.0800
Quarterly0.00%
Feb 13, 2018
Feb 23, 2018Mar 8, 2018
$1.0800
$1.0800
Quarterly0.00%
Oct 10, 2017
Nov 17, 2017Dec 1, 2017
$1.0800
$1.0800
Quarterly0.00%
Jul 11, 2017
Aug 18, 2017Sep 1, 2017
$1.0800
$1.0800
Quarterly+5.37%
May 9, 2017
May 19, 2017Jun 1, 2017
$1.0250
$1.0250
Quarterly0.00%
Feb 14, 2017
Feb 24, 2017Mar 6, 2017
$1.0250
$1.0250
Quarterly0.00%
Oct 11, 2016
Nov 21, 2016Dec 1, 2016
$1.0250
$1.0250
Quarterly0.00%
Jul 12, 2016
Aug 22, 2016Sep 1, 2016
$1.0250
$1.0250
Quarterly+5.13%
May 10, 2016
May 20, 2016Jun 1, 2016
$0.9750
$0.9750
Quarterly0.00%
Feb 9, 2016
Feb 19, 2016Mar 1, 2016
$0.9750
$0.9750
Quarterly0.00%
Oct 13, 2015
Nov 20, 2015Dec 1, 2015
$0.9750
$0.9750
Quarterly0.00%
Jul 14, 2015
Aug 21, 2015Sep 1, 2015
$0.9750
$0.9750
Quarterly+25.00%
May 12, 2015
May 21, 2015Jun 1, 2015
$0.7800
$0.7800
Quarterly0.00%
Feb 8, 2015
Feb 18, 2015Mar 2, 2015
$0.7800
$0.7800
Quarterly0.00%
Oct 14, 2014
Nov 20, 2014Dec 1, 2014
$0.7800
$0.7800
Quarterly0.00%
Jul 8, 2014
Aug 22, 2014Sep 2, 2014
$0.7800
$0.7800
Quarterly+24.80%
May 13, 2014
May 23, 2014Jun 2, 2014
$0.6250
$0.6250
Quarterly0.00%
Feb 11, 2014
Feb 21, 2014Mar 3, 2014
$0.6250
$0.6250
Quarterly-
cmi

Cummins Inc. Payout Ratio Analysis

CMI ยท NYSE
Dividends Paid
-1.05B
2025
Net Income
2.84B
2025
Payout Ratio
37.11%
2025

Dividend Sustainability Analysis

Payout Ratio
37.11%

Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.

FCF Payout Ratio
44.2%

Excellent FCF coverage. Dividend is well-supported by actual cash generation with ample room for increases and business reinvestment.

Dividend Growth
-8.9%

Dividend cut is concerning. Investigate whether due to one-time factors or fundamental business deterioration. Reassess dividend sustainability.

Sustainability
Good

Sustainable dividend with adequate coverage. Some areas for improvement but overall appears safe for dividend investors.