OMAHA, Neb. — Cummins announced a quarterly dividend on May 9. Shareholders of record on May 19 will be paid a dividend of 1.025 per share on June 1. This represents a $4.10 annualized dividend and a yield of 2.62%.
Cummins has increased its dividend by an average of 21.1% per year over the last three years and has raised its dividend annually for the last 7 consecutive years.
Read the full story in The Cerbat Gem.