Cummins Inc.
CMI34 yrs growthIndustrials · Stock · quarterly payer
$678.10
Add to PortfolioForward Yield
1.18%
Annual Dividend
$8.00
Payout Ratio
41%
5-Yr Growth
7.8%
Ex-Date
May 22, 2026
Frequency
Quarterly
CMI Dividend Safety Score
89/ 100
Grade A
Very Safe
Dividend-growth streak22 consecutive years of growth
Cut historyCut its dividend in 2003
Earnings payout coverage41% of earnings paid out
Free-cash-flow coverage65% of free cash flow
Balance-sheet strengthDebt/equity of 0.62
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is CMI a good dividend stock?
YesCummins Inc. (CMI) pays a quarterly dividend yielding 1.18% ($8.00/yr), with 34 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Dividend Aristocrat — 34 consecutive years of growth
- Comfortable payout ratio (41%)
- Strong 7.8% 5-yr dividend growth
- 174% total price return over 5 years
- Top-tier dividend safety score
Risks
- Cut its dividend in 2003
Key Data
- Dividend Yield
- 1.18%
- Payout Ratio
- 41%
- Annual Dividend
- $8.00
- 5-Yr Avg Growth
- 7.8%
- Ex-Dividend Date
- May 22, 2026
- Years of Growth
- 34
- Frequency
- quarterly
- Beta
- 1.24
- Market Cap
- $93.6B
- P/E Ratio
- 35.2
- 5-Yr Total Return
- 174%
- 52-Week Range
- $307.90 – $718.08
- Dividend Safety
- A · 89/100
- Ever Cut?
- Yes (2003)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 22, 2026 | — | $2.0000 | regular |
| Feb 20, 2026 | — | $2.0000 | regular |
| Nov 21, 2025 | — | $2.0000 | regular |
| Aug 22, 2025 | — | $2.0000 | regular |
| May 23, 2025 | — | $1.8200 | regular |
| Feb 21, 2025 | — | $1.8200 | regular |
| Nov 22, 2024 | — | $1.8200 | regular |
| Aug 23, 2024 | — | $1.8200 | regular |
| May 23, 2024 | — | $1.6800 | regular |
| Feb 22, 2024 | — | $1.6800 | regular |
| Nov 22, 2023 | — | $1.6800 | regular |
| Aug 24, 2023 | — | $1.6800 | regular |
| May 18, 2023 | — | $1.5700 | regular |
| Feb 23, 2023 | — | $1.5700 | regular |
Income Calculator
At $8.00 / yr per share
Per payment (quarterly)$200.00
Annual$800.00
Monthly avg$66.67
