Cummins Dividends and Buybacks
Dividend criteria checks 4/6
Cummins is a dividend paying company with a current yield of 2.02% that is well covered by earnings. Next payment date is on 5th December, 2024 with an ex-dividend date of 22nd November, 2024.
Key information
2.0%
Dividend yield
0.008%
Buyback Yield
| Total Shareholder Yield | 2.0% |
| Future Dividend Yield | 2.2% |
| Dividend Growth | -0.5% |
| Next dividend pay date | 05 Dec 24 |
| Ex dividend date | 22 Nov 24 |
| Dividend per share | US$7.280 |
| Payout ratio | 46% |
Recent dividend and buyback updates
Recent updates
Results: Cummins Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts
Nov 08
Is It Too Late To Consider Buying Cummins Inc. (NYSE:CMI)?
Oct 03Cummins: Solid Fundamentals And Undervalued
Sep 30Investors Appear Satisfied With Cummins Inc.'s (NYSE:CMI) Prospects
Sep 18Cummins: A Blue-Chip Dividend Stock To Buy Now
Sep 12Does Cummins (NYSE:CMI) Have A Healthy Balance Sheet?
Aug 19Cummins: Dividend Strength In A Challenging Economy
Aug 14Cummins Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Aug 03Cummins' (NYSE:CMI) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 22When Should You Buy Cummins Inc. (NYSE:CMI)?
Jun 28Calculating The Fair Value Of Cummins Inc. (NYSE:CMI)
Jun 1310-12% Annual Returns? Why Cummins Could Be Your Next Dividend Champion
Jun 10Cummins: It's Too Late To Buy This Dividend Growth Stock
Apr 12Cummins: An Industrial Force Worth Considering
Mar 18Here's Why Cummins (NYSE:CMI) Has A Meaningful Debt Burden
Feb 27There May Be Reason For Hope In Cummins' (NYSE:CMI) Disappointing Earnings
Feb 13The Power Play: Cummins' Path To More Than 10% Annual Returns
Feb 08Cummins Inc. (NYSE:CMI) Looks Inexpensive But Perhaps Not Attractive Enough
Feb 03Investors Met With Slowing Returns on Capital At Cummins (NYSE:CMI)
Jan 22We Ran A Stock Scan For Earnings Growth And Cummins (NYSE:CMI) Passed With Ease
Dec 26Cummins: A Dividend Contender That Hasn't Been This Cheap In 3 Years
Dec 20Calculating The Fair Value Of Cummins Inc. (NYSE:CMI)
Dec 14Cummins: The A-Rated Dividend Stock Keeps Shining
Nov 15Cummins (NYSE:CMI) Is Paying Out A Larger Dividend Than Last Year
Nov 11Cummins (NYSE:CMI) Is Increasing Its Dividend To $1.68
Oct 28Cummins (NYSE:CMI) Is Paying Out A Larger Dividend Than Last Year
Oct 14Here's What To Make Of Cummins' (NYSE:CMI) Decelerating Rates Of Return
Oct 10Cummins: Dividend Raised 18 Years/2.95% Yield - High Quality Industrial
Oct 10Is Now The Time To Look At Buying Cummins Inc. (NYSE:CMI)?
Sep 28Cummins: A Dividend Growth Stock That Can Keep Your Portfolio Trucking Along
Sep 28Cummins (NYSE:CMI) Seems To Use Debt Quite Sensibly
Sep 15Cummins: 5 Factors Make This A Strong Buy
Sep 06We Ran A Stock Scan For Earnings Growth And Cummins (NYSE:CMI) Passed With Ease
Sep 01Cummins' (NYSE:CMI) Dividend Will Be Increased To $1.68
Aug 14Cummins: Navigating Challenges With Resilience And Record Revenues
Aug 14Cummins (NYSE:CMI) Has Announced That It Will Be Increasing Its Dividend To $1.68
Jul 31Cummins: Forget The AI-Rally, Buy The Heat Rally
Jul 20Cummins (NYSE:CMI) Is Paying Out A Larger Dividend Than Last Year
Jul 15Cummins: Still Cheaply Priced
Jul 12Stability 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) | 2.0% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Machinery) | 1.5% |
| Analyst forecast (CMI) (up to 3 years) | 2.2% |
Notable Dividend: CMI's dividend (2.02%) is higher than the bottom 25% of dividend payers in the US market (1.38%).
High Dividend: CMI's dividend (2.02%) is low compared to the top 25% of dividend payers in the US market (4.32%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.6%), CMI's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (296.3%), CMI's dividend payments are not well covered by cash flows.