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CMI (Cummins) Dividend Yield % : 2.08% (As of Jul. 23, 2025)


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What is Cummins Dividend Yield %?

As of today (2025-07-23), the Trailing Annual Dividend Yield of Cummins is 2.08%.

The historical rank and industry rank for Cummins's Dividend Yield % or its related term are showing as below:

CMI' s Dividend Yield % Range Over the Past 10 Years
Min: 1.81   Med: 2.64   Max: 4.21
Current: 2.08

During the past 13 years, the highest Dividend Yield of Cummins was 4.21%. The lowest was 1.81%. And the median was 2.64%.

CMI's Dividend Yield % is ranked better than
59.73% of 1964 companies
in the Industrial Products industry
Industry Median: 1.55 vs CMI: 2.08

Cummins's Dividend Payout Ratio for the three months ended in Mar. 2025 was 0.31.

During the past 13 years, the highest Dividend Payout Ratio of Cummins was 0.49. The lowest was 0.33. And the median was 0.38.

As of today (2025-07-23), the Forward Dividend Yield % of Cummins is 2.27%.

Cummins's Dividends per Share for the three months ended in Mar. 2025 was $1.82.

During the past 12 months, Cummins's average Dividends Per Share Growth Rate was 8.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 7.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 8.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Cummins was 115.40% per year. The lowest was -55.00% per year. And the median was 8.10% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Cummins Dividend Yield % Historical Data

The historical data trend for Cummins's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cummins Dividend Yield % Chart

Cummins Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.33 2.57 2.49 2.71 2.01

Cummins Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.24 2.43 2.12 2.01 2.28

Competitive Comparison of Cummins's Dividend Yield %

For the Specialty Industrial Machinery subindustry, Cummins's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cummins's Dividend Yield % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Cummins's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Cummins's Dividend Yield % falls into.


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Cummins Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Cummins Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 1.8200002025-05-232025-05-232025-06-05Cash DividendquarterlyUSD:USD 1.000000
USD 1.8200002025-02-212025-02-212025-03-06Cash DividendquarterlyUSD:USD 1.000000
USD 1.8200002024-11-222024-11-222024-12-05Cash DividendquarterlyUSD:USD 1.000000
USD 1.8200002024-08-232024-08-232024-09-05Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Cummins's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=7.28/357.25
=2.04 %

Current Share Price is $357.25.
Cummins's Dividends per Share for the trailing twelve months (TTM) ended in Today is $7.28.

Cummins's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=7.28/357.25
=2.04 %

Current Share Price is $357.25.
Cummins's Dividends per Share for the forward twelve months is calculated as $1.82 * 4 = $7.28.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Cummins  (NYSE:CMI) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Cummins Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Cummins's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Cummins Business Description

Address
500 Jackson Street, Box 3005, Columbus, IN, USA, 47202-3005
Cummins is a leading manufacturer of diesel and other engines used in heavy- and medium-duty commercial trucks, off-highway equipment, and locomotives, in addition to prime power and standby generators. The company also sells powertrain components, which include filtration products, transmissions, turbochargers, aftertreatment systems, and fuel systems. Sales are approximately 60% US and Canada and 40% rest of world. Much of Cummins' foreign sales (China, India, and so forth) are through joint ventures. The company operates 650 distributors and over 19,000 dealer locations across 190 countries. Cummins' business model is unique as it competes with many of its heavy-duty truck manufacturer customers, who also make their own engines.
Executives
Mark Andrew Smith officer: VP - Operations Finance 500 JACKSON STREET, COLUMBUS IN 47201
Jennifer Rumsey officer: Chief Technical Officer 500 JACKSON STREET, COLUMBUS IN 47201
Sharon R Barner officer: VP - General Counsel 500 JACKSON STREET, COLUMBUS IN 47201
Di Leo Allen Bruno V director INTERNATIONAL BUSINESS MACHINES CORP., C/O SEC'Y'S OFFICE, ONE NEW ORCHARD ROAD, ARMONK NY 10504
Donald G Jackson officer: VP and Treasurer 500 JACKSON STREET, COLUMBUS IN 47201
Tony Satterthwaite officer: President - Distribution 1400 73RD AVENUE NE, MINNEAPOLIS MN 55432
Jeffrey T Wiltrout officer: VP - Corporate Strategy 500 JACKSON STREET, COLUMBUS IN 47201
Marvin Boakye officer: VP - Chief Human Resources Off PO BOX 99900, LOUISVILLE KY 40269
Daniel William Fisher director 2526 SPRUCE MEADOWS DRIVE, BROOMFIELD CO 80023
Sherry A Aaholm officer: Chief Information Officer 500 JACKSON STREET, COLUMBUS IN 47201
Luther E Peters officer: VP - Corporate Controller 500 JACKSON STREET, COLUMBUS IN 47201
Jonathan David Wood officer: Vice President & CTO 500 JACKSON STREET, COLUMBUS IN 47201
Georgia R Nelson director C/O TOWER AUTOMOTIVE INC, 27175 HAGGERTY ROAD, NOVI MI 48377-3626
Franklin R Changdiaz director 500 JACKSON ST., M/C 60701, COLUMBUS IN 47201
Norman Thomas Linebarger officer: President-Power Gen.