Cummins Inc. (CMI) Dividend
Cummins Inc. (CMI) currently pays a dividend yield of 1.61%, distributing $8.80 per share annually ($2.20 per quarter). The company operates in the Industrials sector.
CMI has raised its dividend for 20 consecutive years.
CMI dividend at a glance
| Dividend Yield | 1.61% |
|---|---|
| Annual Dividend | $8.80 per share |
| Per Payment | $2.20 |
| Payout Frequency | Quarterly |
| Payments per Year | 4 |
| Next Ex-Dividend Date | November 21, 2026 |
| Next Payment Date | December 12, 2026 |
| Payout Ratio | 41% |
| Consecutive Years of Dividend Growth | 20 |
| Sector | Industrials |
| Implied Share Price (from yield) | $546.58 |
What CMI pays on a $10,000 investment
At a 1.61% yield, $10,000 invested in CMI generates about $161.00 per year, or roughly $40.25 every quarter. Share counts below use an implied price of $546.58, derived from the $8.80 annual dividend and the 1.61% yield.
| Amount Invested | Approx. Shares | Annual Dividend Income | Income per Quarter |
|---|---|---|---|
| $1,000 | 1.8 | $16.10 | $4.03 |
| $5,000 | 9.1 | $80.50 | $20.13 |
| $10,000 | 18.3 | $161.00 | $40.25 |
| $25,000 | 45.7 | $402.50 | $100.63 |
| $100,000 | 183 | $1,610.00 | $402.50 |
These figures assume the dividend and share price stay where they are today. They do not account for taxes, dividend cuts, price movement, or reinvestment. If you reinvest instead of taking the cash, the share count grows each quarter — see how the dividend snowball compounds.
CMI dividend payment schedule
CMI pays on a quarterly schedule — 4 payments a year. The next confirmed ex-dividend date is November 21, 2026, with payment on December 12, 2026. Later rows are projected forward at the same interval and will shift when Cummins Inc. declares each dividend.
| Ex-Dividend Date | Payment Date | Amount per Share | Status |
|---|---|---|---|
| November 21, 2026 | December 12, 2026 | $2.20 | Confirmed |
| February 21, 2027 | March 14, 2027 | $2.20 | Projected |
| May 21, 2027 | June 11, 2027 | $2.20 | Projected |
| August 21, 2027 | September 11, 2027 | $2.20 | Projected |
To collect a CMI dividend you must own the shares before the ex-dividend date. Buy on the ex-date itself and the previous owner keeps that payment. Read how ex-dividend, record, and payment dates fit together.
How CMI's dividend compares
Across the 713 dividend stocks and ETFs DivTrkr tracks, the median yield is 3.93%. CMI's 1.61% is 2.32 percentage points below that median, ranking 538th of 713 by yield.
Within Industrials, where we track 58 names, the median yield is 1.46% — putting CMI above its sector.
Its 20-year run of dividend increases ranks 77th out of the 362 names in our data with an active growth streak.
What the numbers mean
CMI pays out roughly 41% of its earnings as dividends. That sits in the range income investors generally consider healthy and sustainable for a mature business.
Like most US dividend payers, CMI distributes quarterly, so a full year of ownership produces four payments.
Whether these payments are taxed at the lower qualified rate or as ordinary income depends on how long you hold the shares and what kind of company pays them. See the qualified vs. ordinary dividend rules.
CMI dividend FAQ
When is the next CMI ex-dividend date?
The next CMI ex-dividend date is November 21, 2026, with the payment scheduled for December 12, 2026. You must own shares before the ex-dividend date to receive that payment.
What is CMI's dividend yield?
CMI currently yields 1.61%, based on $8.80 in dividends per share over the past year.
How often does CMI pay dividends?
CMI pays quarterly, which works out to 4 payments per year of about $2.20 per share.
How much dividend income would $10,000 of CMI generate?
At the current 1.61% yield, $10,000 invested in CMI would produce roughly $161.00 per year, or about $40.25 per quarter, before taxes and assuming the dividend holds.
Has CMI increased its dividend?
Yes — CMI has raised its dividend for 20 consecutive years.
CMI dividend history
DivTrkr holds 167 recorded CMI dividend payments going back to 1973, with 20 consecutive complete years of increases and +7.8% a year of growth over the last five complete years. See the full CMI dividend history — every payment, annual totals and growth by year.
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Track CMI dividends free with DivTrkr — see exactly what your own position pays, and when. Also browse the full dividend calendar or the A–Z list of dividend stocks.