Cummins (CMI) Dividend History & Yield
Cummins (CMI) has increased its dividend for 21 consecutive years and currently yields 1.42%. The most recent payment was $2.0000/share on Feb 20, 2026, paid Quarterly.
CMI
Current Yield
1.42%
TTM Dividend/Share
$7.82
Payment Frequency
Quarterly
Payout Ratio
37.1%
Consecutive Growth Years
21
Div Growth (1Y CAGR)
9.14%
Div Growth (5Y CAGR)
7.66%
Div Growth (10Y CAGR)
8.09%
Dividend Safety Score
5 out of 5 checks passed
Payout ratio below 75%
Payout ratio is 37.1%, well below the 75% threshold.
Free cash flow covers dividend
FCF/share ($17.30) covers dividend/share ($7.82).
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
10+ years of consecutive growth
21 consecutive years of dividend growth.
Dividend Payment History
Yield values are for each row's ex-date, not today's live yield.
Ex-date Feb 20, 2026
- Payment date
- Mar 5, 2026
- Dividend
- $2.0000
- Adj. dividend
- $2.0000
- Yield (ex-date)
- 1.32%
Ex-date Nov 21, 2025
- Payment date
- Dec 4, 2025
- Dividend
- $2.0000
- Adj. dividend
- $2.0000
- Yield (ex-date)
- 1.62%
Ex-date Aug 22, 2025
- Payment date
- Sep 4, 2025
- Dividend
- $2.0000
- Adj. dividend
- $2.0000
- Yield (ex-date)
- 1.85%
Ex-date May 23, 2025
- Payment date
- Jun 5, 2025
- Dividend
- $1.8200
- Adj. dividend
- $1.8200
- Yield (ex-date)
- 2.29%
Ex-date Feb 21, 2025
- Payment date
- Mar 6, 2025
- Dividend
- $1.8200
- Adj. dividend
- $1.8200
- Yield (ex-date)
- 1.95%
Ex-date Nov 22, 2024
- Payment date
- Dec 5, 2024
- Dividend
- $1.8200
- Adj. dividend
- $1.8200
- Yield (ex-date)
- 1.88%
Ex-date Aug 23, 2024
- Payment date
- Sep 5, 2024
- Dividend
- $1.8200
- Adj. dividend
- $1.8200
- Yield (ex-date)
- 2.22%
Ex-date May 23, 2024
- Payment date
- Jun 6, 2024
- Dividend
- $1.6800
- Adj. dividend
- $1.6800
- Yield (ex-date)
- 2.37%
Ex-date Feb 22, 2024
- Payment date
- Mar 7, 2024
- Dividend
- $1.6800
- Adj. dividend
- $1.6800
- Yield (ex-date)
- 2.51%
Ex-date Nov 22, 2023
- Payment date
- Dec 7, 2023
- Dividend
- $1.6800
- Adj. dividend
- $1.6800
- Yield (ex-date)
- 2.90%
Ex-date Aug 24, 2023
- Payment date
- Sep 7, 2023
- Dividend
- $1.6800
- Adj. dividend
- $1.6800
- Yield (ex-date)
- 2.77%
Ex-date May 18, 2023
- Payment date
- Jun 1, 2023
- Dividend
- $1.5700
- Adj. dividend
- $1.5700
- Yield (ex-date)
- 2.93%
| Ex-Date | Payment Date | Dividend | Adj. Dividend | Yield (ex-date) |
|---|---|---|---|---|
| Feb 20, 2026 | Mar 5, 2026 | $2.0000 | $2.0000 | 1.32% |
| Nov 21, 2025 | Dec 4, 2025 | $2.0000 | $2.0000 | 1.62% |
| Aug 22, 2025 | Sep 4, 2025 | $2.0000 | $2.0000 | 1.85% |
| May 23, 2025 | Jun 5, 2025 | $1.8200 | $1.8200 | 2.29% |
| Feb 21, 2025 | Mar 6, 2025 | $1.8200 | $1.8200 | 1.95% |
| Nov 22, 2024 | Dec 5, 2024 | $1.8200 | $1.8200 | 1.88% |
| Aug 23, 2024 | Sep 5, 2024 | $1.8200 | $1.8200 | 2.22% |
| May 23, 2024 | Jun 6, 2024 | $1.6800 | $1.6800 | 2.37% |
| Feb 22, 2024 | Mar 7, 2024 | $1.6800 | $1.6800 | 2.51% |
| Nov 22, 2023 | Dec 7, 2023 | $1.6800 | $1.6800 | 2.90% |
| Aug 24, 2023 | Sep 7, 2023 | $1.6800 | $1.6800 | 2.77% |
| May 18, 2023 | Jun 1, 2023 | $1.5700 | $1.5700 | 2.93% |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
Cummins has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 21 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $7.6400 | — | — |
| 2025 | $7.0000 | $7.6400 | +9.1% |
| 2024 | $6.5000 | $7.0000 | +7.7% |
| 2023 | $6.0400 | $6.5000 | +7.6% |
| 2022 | $5.6000 | $6.0400 | +7.9% |
| 2021 | $5.2830 | $5.6000 | +6.0% |
| 2020 | $4.9020 | $5.2830 | +7.8% |
| 2019 | $4.4400 | $4.9020 | +10.4% |
| 2018 | $4.2100 | $4.4400 | +5.5% |
| 2017 | $4.0000 | $4.2100 | +5.3% |
| 2016 | $3.5100 | $4.0000 | +14.0% |
| 2015 | $2.8100 | $3.5100 | +24.9% |
| 2014 | $2.2500 | $2.8100 | +24.9% |
| 2013 | $1.8000 | $2.2500 | +25.0% |
| 2012 | $1.3250 | $1.8000 | +35.8% |
| 2011 | $0.8750 | $1.3250 | +51.4% |
| 2010 | $0.7000 | $0.8750 | +25.0% |
| 2009 | $0.6000 | $0.7000 | +16.7% |
| 2008 | $0.4300 | $0.6000 | +39.5% |
| 2007 | $0.3300 | $0.4300 | +30.3% |
| 2006 | $0.3000 | $0.3300 | +10.0% |
| 2005 | $0.3000 | $0.3000 | 0.0% |
| 2004 | $0.2438 | $0.3000 | +23.1% |
| 2003 | $0.3000 | $0.2438 | -18.7% |
| 2002 | $0.3000 | $0.3000 | 0.0% |
| 2001 | $0.3000 | $0.3000 | 0.0% |
| 2000 | $0.2813 | $0.3000 | +6.7% |
| 1999 | $0.2750 | $0.2813 | +2.3% |
| 1998 | $0.2688 | $0.2750 | +2.3% |
| 1997 | $0.2500 | $0.2688 | +7.5% |
| 1996 | $0.2500 | $0.2500 | 0.0% |
| 1995 | $0.1563 | $0.2500 | +60.0% |
| 1994 | $0.0500 | $0.1563 | +212.5% |
| 1993 | $0.0250 | $0.0500 | +100.0% |
| 1992 | $0.0875 | $0.0250 | -71.4% |
| 1991 | $0.2750 | $0.0875 | -68.2% |
| 1990 | $0.2750 | $0.2750 | 0.0% |
| 1989 | $0.2750 | $0.2750 | 0.0% |
| 1988 | $0.2750 | $0.2750 | 0.0% |
| 1987 | $0.2750 | $0.2750 | 0.0% |
| 1986 | $0.2750 | $0.2750 | 0.0% |
| 1985 | — | $0.2750 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Frequently asked questions
Does Cummins pay dividends?
- Yes, Cummins (CMI) pays quarterly dividends of approximately $7.82 per share annually, yielding 1.42%.
What is Cummins's dividend yield?
- Cummins (CMI) has a current dividend yield of 1.42%.
Is Cummins's dividend safe?
- Cummins (CMI) passes 5 out of 5 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has Cummins increased its dividend?
- Cummins (CMI) has 21 consecutive years of dividend increases.
What is Cummins's dividend payout ratio?
- Cummins (CMI) has a dividend payout ratio of 37.1%.