■ Increase · July 18, 2026
Cummins Inc. Raises Quarterly Dividend by 10% to $2.20 Per Share
Cummins Inc. increased its quarterly dividend by 10% to $2.20 per share, marking the 17th consecutive year of dividend growth.
Dividend Increase Details
The Board of Directors of Cummins Inc. (NYSE: CMI) approved a 10% increase in the company's quarterly common stock cash dividend, raising it from $2.00 per share to $2.20 per share. The new dividend is payable on September 3, 2026, to shareholders of record as of August 21, 2026. This marks the 17th consecutive year that Cummins has increased its quarterly common stock dividend.
Company Overview
Cummins Inc., headquartered in Columbus, Indiana, is a global power leader with approximately 67,400 employees worldwide. The company operates through five business segments: Engine, Components, Distribution, Power Systems, and Accelera by Cummins. Its product portfolio includes advanced diesel, electric, and hybrid powertrains; integrated power generation systems; critical components such as aftertreatment, turbochargers, fuel systems, controls, transmissions, axles, and brakes; and zero-emissions technologies like battery and electric powertrain systems. In 2025, Cummins reported $33.7 billion in sales and $2.8 billion in net income.
What it means for income investors
The 10% dividend increase reflects Cummins' continued commitment to returning capital to shareholders, supported by its financial performance. With 17 consecutive years of dividend growth, the company demonstrates a consistent track record of rewarding long-term shareholders.
Reporting based on: Cummins. Figures verified against market data where available.