STOCK DIVIDEND AND STOCK SPLIT
The most common method for companies to distribute wealth among shareholders is to pay dividends in the form of cash or stock. When a company has a low level of liquid cash on hand, stock dividends are typically issued in lieu of cash dividends. It is the board of directors that decides whether a dividend should be declared and in what form it should be distributed. Dividend yield is also a financial ratio that shows how much a company pays out in dividends on its shares each year, which is something investors look for in a stock.
Dividend Rate
Trailing Annual Dividend Rate
$6.61
Forward Annual Dividend Rate
$7.28
Yield
Trailing Annual Dividend Yield
2.22%
Forward Annual Dividend Yield
1.43%
Dividend Date
Dividend Date
Dec 04, 2025
Ex-dividend Date
Nov 21, 2025
2.63 %
37.11
Dividend History
| Announced | Amount | Ex-Dividend Date | Record Date | Payment Date |
|---|---|---|---|---|
| Oct 14, 2025 | 2 | Nov 21, 2025 | Nov 21, 2025 | Dec 04, 2025 |
| Jul 15, 2025 | 2 | Aug 22, 2025 | Aug 22, 2025 | Sep 04, 2025 |
| May 13, 2025 | 1.82 | May 23, 2025 | May 23, 2025 | Jun 05, 2025 |
| Feb 11, 2025 | 1.82 | Feb 21, 2025 | Feb 21, 2025 | Mar 06, 2025 |
| Oct 15, 2024 | 1.82 | Nov 22, 2024 | Nov 22, 2024 | Dec 05, 2024 |
| Jul 09, 2024 | 1.82 | Aug 23, 2024 | Aug 23, 2024 | Sep 05, 2024 |
| May 14, 2024 | 1.68 | May 23, 2024 | May 24, 2024 | Jun 06, 2024 |
| Feb 13, 2024 | 1.68 | Feb 22, 2024 | Feb 23, 2024 | Mar 07, 2024 |
| Oct 10, 2023 | 1.68 | Nov 22, 2023 | Nov 24, 2023 | Dec 07, 2023 |
| Jul 11, 2023 | 1.68 | Aug 24, 2023 | Aug 25, 2023 | Sep 07, 2023 |
| May 09, 2023 | 1.57 | May 18, 2023 | May 19, 2023 | Jun 01, 2023 |
| Feb 14, 2023 | 1.57 | Feb 23, 2023 | Feb 24, 2023 | Mar 09, 2023 |
| Oct 11, 2022 | 1.57 | Nov 17, 2022 | Nov 18, 2022 | Dec 01, 2022 |
| Jul 12, 2022 | 1.57 | Aug 18, 2022 | Aug 19, 2022 | Sep 01, 2022 |
| May 10, 2022 | 1.45 | May 19, 2022 | May 20, 2022 | Jun 02, 2022 |
| Feb 08, 2022 | 1.45 | Feb 17, 2022 | Feb 18, 2022 | Mar 03, 2022 |
| Oct 12, 2021 | 1.45 | Nov 18, 2021 | Nov 19, 2021 | Dec 02, 2021 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| Jan 03, 2008 | 2:1 | -3.07% | -5.25% |
| Apr 10, 2007 | 2:1 | -0.38% | +0.33% |
| Nov 12, 1993 | 2:1 | +0.24% | 0 |
Frequently Asked Questions
Is Cummins Inc. (CMI) a dividend paying company?
In a company, dividends are a portion of profits paid out to shareholders - investors getting a little bit back on their investment. In particular, dividends benefit investors, especially income-seeking investors, because they provide mutual benefits both to companies and investors. Dividends are a strong indicator for a company's ability to produce profits consistently and reflect favorably on its management. Cummins Inc. is also among the companies that regularly pay dividends.
What is CMI's dividend yield?
Many factors affect dividend yields, including global market conditions, interest rates, and the financial status of an individual company.However, the average dividend yield for a good company is between 2% and 6%. CMI's annual dividend yield for the trailing 12 months is 2.22.
When did CMI last pay a dividend?
CMI last paid dividends on 2025-12-04, with the ex-dividend date being 2025-11-21.
When was the last time CMI stock split?
CMI stock split took place on 03-01-2008.
How did CMI's stock split work?
Its last split took place on Jan 3, 2008, when Cummins Inc. went through a 2:1 split leaving the shareholder with 2 share(s) who previously owned 1 CMI share(s).