NEW YORK — Cummins will begin trading ex-dividend on May 17. A cash dividend payment of $1.025 per share is scheduled to be paid on June 1.
Shareholders who purchased CMI prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that CMI has paid the same dividend. At the current stock price of $156.6, the dividend yield is 2.62%.
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