Cummins Dividends and Buybacks
Dividend criteria checks 5/6
Cummins is a dividend paying company with a current yield of 1.61% that is well covered by earnings. Next payment date is on 4th December, 2025 with an ex-dividend date of 21st November, 2025.
Key information
1.6%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 1.7% |
| Dividend Growth | 7.6% |
| Next dividend pay date | 04 Dec 25 |
| Ex dividend date | 21 Nov 25 |
| Dividend per share | n/a |
| Payout ratio | 38% |
Recent dividend and buyback updates
Recent updates
Cummins: Top Tier Business, But Wait For A Better Entry Point
Oct 20Is Cummins (NYSE:CMI) A Risky Investment?
Jul 14
Some Confidence Is Lacking In Cummins Inc.'s (NYSE:CMI) P/E
Jul 02Cummins: Tariff Turbulence Creates A Buying Opportunity (Rating Upgrade)
Apr 08If EPS Growth Is Important To You, Cummins (NYSE:CMI) Presents An Opportunity
Mar 16Cummins' (NYSE:CMI) Profits May Not Reveal Underlying Issues
Feb 12What Does Cummins Inc.'s (NYSE:CMI) Share Price Indicate?
Jan 23Cummins: The Time To Buy Has Passed For Now (Rating Downgrade)
Jan 21Getting In Cheap On Cummins Inc. (NYSE:CMI) Might Be Difficult
Jan 09Does Cummins (NYSE:CMI) Have A Healthy Balance Sheet?
Dec 27Cummins: Paying Up For Improving Fundamentals (Rating Downgrade)
Dec 11Cummins: Solid Fundamentals And Undervalued
Sep 30Cummins: A Blue-Chip Dividend Stock To Buy Now
Sep 12Cummins: Dividend Strength In A Challenging Economy
Aug 1410-12% Annual Returns? Why Cummins Could Be Your Next Dividend Champion
Jun 10Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CMI's dividends per share have been stable in the past 10 years.
Growing Dividend: CMI's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Cummins Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CMI) | 1.6% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Machinery) | 1.4% |
| Analyst forecast (CMI) (up to 3 years) | 1.7% |
Notable Dividend: CMI's dividend (1.61%) is higher than the bottom 25% of dividend payers in the US market (1.47%).
High Dividend: CMI's dividend (1.61%) is low compared to the top 25% of dividend payers in the US market (4.48%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.5%), CMI's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (48.5%), CMI's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/11/28 16:53 |
| End of Day Share Price | 2025/11/28 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Cummins Inc. is covered by 48 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Eade | Argus Research Company |
| Luke Junk | Baird |
| Adam Seiden | Barclays |