# Cummins Inc. (CMI): Dividend & Fundamentals

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- Sector: Industrials · Industry: Industrial - Machinery
- Exchange: NYSE · Trading currency: USD

Cummins Inc. is a global innovator in power solutions, responsible for the design, manufacturing, distribution, and maintenance of a broad array of diesel and natural gas engines, alongside cutting-edge electric and hybrid powertrains, and associated components. Its operations are strategically divided into five segments: Engine, Distribution, Components, Power Systems, and New Power. The company's extensive engine portfolio, available under the Cummins brand and others, powers a vast range of heavy and medium-duty applications, including commercial trucks, buses, recreational vehicles, lig...

## Quote & Key Metrics

As of 2026-10-26:

| Metric | Value |
|---|---|
| Price | $522.13 USD |
| Market Cap | $71.88B |
| P/E (TTM) | 21.50 |
| EPS (TTM) | $24.28 |
| 52-Week Range | $413.98 – $737.76 |
| Dividend Yield (TTM) | 1.57% |

## Dividend

| Metric | Value |
|---|---|
| Yield (TTM) | 1.57% |
| Annual Dividend (TTM) | $8.20 /share |
| Annual Dividend (Forward) | $8.80 /share |
| Frequency | Quarterly |
| Consecutive Growth Streak | 21 years |
| Growth CAGR 1Y / 3Y / 5Y / 10Y | 10.0% / 9.4% / 8.7% / 7.9% |
| Payout Ratio (EPS, TTM) | 40.9% |
| Payout Ratio (FCF, TTM) | 32.8% |
| Payout Ratio (EPS, forward dividend) | 45.0% |
| Payout Ratio (FCF, forward dividend) | 36.1% |

### Recent Payments

| Ex-Date | Amount | Pay Date |
|---|---|---|
| 2026-11-20 | $2.2000 | 2026-12-03 |
| 2026-08-21 | $2.2000 | 2026-09-03 |
| 2026-05-22 | $2.0000 | 2026-06-04 |
| 2026-02-20 | $2.0000 | 2026-03-05 |
| 2025-11-21 | $2.0000 | 2025-12-04 |
| 2025-08-22 | $2.0000 | 2025-09-04 |
| 2025-05-23 | $1.8200 | 2025-06-05 |
| 2025-02-21 | $1.8200 | 2025-03-06 |
| 2024-11-22 | $1.8200 | 2024-12-05 |
| 2024-08-23 | $1.8200 | 2024-09-05 |
| 2024-05-23 | $1.6800 | 2024-06-06 |
| 2024-02-22 | $1.6800 | 2024-03-07 |

Full history: https://www.dividenddata.com/stocks/cmi/dividend

## Frequently Asked Questions

### What does Cummins Inc. do?

Cummins Inc. (CMI) operates in the Industrial - Machinery industry within the Industrials sector. Full company description, peers, and segment breakdown are on the page above.

### What is CMI's market cap?

Cummins Inc. (CMI) has a market capitalization of approximately $71.88 billion, as of October 26, 2026, based on the most recent share price and shares outstanding.

### Does CMI pay a dividend?

Yes, Cummins Inc. (CMI) pays a dividend quarterly, with a trailing-twelve-month yield of 1.57%. Full distribution history, payout ratios, and growth rates are on the Dividend tab.

### How often does CMI pay dividends?

Cummins Inc. pays dividends quarterly. The forward annual rate is $8.80 per share at the current declared cadence. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page.

### What is CMI's payout ratio?

Cummins Inc.'s payout ratio is the percentage of earnings (and free cash flow) returned to shareholders as dividends. Current EPS and FCF coverage are shown in the payout cards above, with green / amber / red coloring indicating sustainability.

## More on Dividend Data

- Overview (HTML): https://www.dividenddata.com/stocks/cmi
- Dividend history & safety: https://www.dividenddata.com/stocks/cmi/dividend
- Earnings & EPS: https://www.dividenddata.com/stocks/cmi/earnings
- Financial statements: https://www.dividenddata.com/stocks/cmi/financials/income
- Valuation multiples: https://www.dividenddata.com/stocks/cmi/valuation
- Peer comparison: https://www.dividenddata.com/stocks/cmi/peers

Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.