Cummins (CMI) Dividend History & Analysis

Track McKesson's (CMI) dividend history - current yield, annual dividend growth rate, payout history and peer comparisons.

Yield 12m 2.32%
Dividends per Share 12m 7.14
Dividend Growth Rate 5y 5.79%
Overall Dividend Rating 65.64%
Yield on Cost 5y 5.70%
Payout Ratio 34.4%
Payout Frequency 12m 4
Payout Consistency 95.3%
Total Return 12m: 2.41%
#14 in Group
Total Return 5y: 135.85%
#18 in Group

Dividends Cash Amount per Share Yearly

Number of Payouts Yearly

5 Years Chart with Price and Dividend Yield

Top Dividend Payers in Construction Machinery & Heavy Transportation Equipment

Highest Dividend Yields in Sector
Symbol Market Cap
(USD)
Dividend Yield Yield on Cost
CMI 45,097m 2.32% 5.70%
PAT 30m 14.7% 57.5%
8TRA 18,277m 10.6% 30.0%
DTG 32,002m 10.5% 12.6%
Highest Dividend Growth Rate in Sector
Symbol Market Cap
(USD)
Growth Rate Payout Ratio
CMI 45,097m 5.79% 34.4%
TEX 2,528m 41.5% 11.6%
ALG 2,195m 14.9% 11.2%
WAC 1,531m 13.9% 122%

CMI Dividend History: Last 40 Payments (USD)

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate Payout Yield
2025-02-21 2025-02-21 2025-03-06 Quarterly 1.82 0.47%
2024-11-22 2024-11-22 2024-12-05 Quarterly 1.82 0.5%
2024-08-23 2024-08-23 2024-09-05 Quarterly 1.82 8.3% 0.6%
2024-05-23 2024-05-24 2024-06-06 Quarterly 1.68 0.59%
2024-02-22 2024-02-23 2024-03-07 Quarterly 1.68 0.64%
2023-11-22 2023-11-24 2023-12-07 Quarterly 1.68 0.76%
2023-08-24 2023-08-25 2023-09-07 Quarterly 1.68 7% 0.73%
2023-05-18 2023-05-19 2023-06-01 Quarterly 1.57 0.74%
2023-02-23 2023-02-24 2023-03-09 Quarterly 1.57 0.63%
2022-11-17 2022-11-18 2022-12-01 Quarterly 1.57 0.64%
2022-08-18 2022-08-19 2022-09-01 Quarterly 1.57 8.3% 0.68%
2022-05-19 2022-05-20 2022-06-02 Quarterly 1.45 0.72%
2022-02-17 2022-02-18 2022-03-03 Quarterly 1.45 0.66%
2021-11-18 2021-11-19 2021-12-02 Quarterly 1.45 0.63%
2021-08-19 2021-08-20 2021-09-02 Quarterly 1.45 7.4% 0.63%
2021-05-20 2021-05-21 2021-06-03 Quarterly 1.35 0.52%
2021-02-18 2021-02-19 2021-03-04 Quarterly 1.35 0.56%
2020-11-19 2020-11-20 2020-12-03 Quarterly 1.35 3% 0.59%
2020-08-20 2020-08-21 2020-09-03 Quarterly 1.311 0.63%
2020-05-21 2020-05-22 2020-06-04 Quarterly 1.311 0.82%
2020-02-20 2020-02-21 2020-03-05 Quarterly 1.311
2019-11-13 2019-11-14 2019-12-02 Quarterly 1.311
2019-08-20 2019-08-21 2019-09-03 Quarterly 1.311 15%
2019-05-23 2019-05-24 2019-06-05 Quarterly 1.14
2019-02-21 2019-02-22 2019-03-07 Quarterly 1.14
2018-11-14 2018-11-15 2018-12-03 Quarterly 1.14
2018-08-21 2018-08-22 2018-09-04 Quarterly 1.14 5.6%
2018-05-17 2018-05-18 2018-06-01 Quarterly 1.08
2018-02-22 2018-02-23 2018-03-08 Quarterly 1.08
2017-11-16 2017-11-17 2017-12-01 Quarterly 1.08
2017-08-16 2017-08-18 2017-09-01 Quarterly 1.08 5.4%
2017-05-17 2017-05-19 2017-06-01 Quarterly 1.025
2017-02-22 2017-02-24 2017-03-06 Quarterly 1.025
2016-11-17 2016-11-21 2016-12-01 Quarterly 1.025
2016-08-18 2016-08-22 2016-09-01 Quarterly 1.025 5.1%
2016-05-18 2016-05-20 2016-06-01 Quarterly 0.975
2016-02-17 2016-02-19 2016-03-01 Quarterly 0.975
2015-11-18 2015-11-20 2015-12-01 Quarterly 0.975
2015-08-19 2015-08-21 2015-09-01 Quarterly 0.975 25%
2015-05-19 2015-05-21 2015-06-01 Quarterly 0.78

CMI Dividend FAQ

Does CMI pay dividends?

Yes, as of April 2025, CMI paid a dividend of 7.14 USD in the last 12 months. The last dividend was paid on 2025-02-21.

What is the Dividend Yield of CMI?

As of April 2025, CMI`s dividend yield is 2.32%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 7.14M USD by the current share price of 295.35.

How often does CMI pay dividends?

CMI pays dividends quarterly. Over the last 12 months (TTM), CMI has issued 4 dividend payments.

What is the next Ex-Dividend Date for CMI?

The next ex-dividend date for Cummins (CMI) is unknown.

What is the Dividend Growth of CMI?

CMI's average dividend growth rate over the past 5 years is 5.79M% per year.
Strong growth: Dividend growth is outpacing inflation.

What is the Yield on Cost of CMI?

CMI's 5-Year Yield on Cost is 5.70M%. This represents the effective dividend yield for an investor who bought Cummins five years ago. It is calculated as the sum of all trailing 12-month dividends (7.14M) divided by the purchase price five years ago (125.23):

What is the Payout Consistency of CMI?

CMI Payout Consistency is 95.3%.
Highly consistent: Cummins has a strong track record of consistent dividend payments.

Does CMI have a good Dividend Yield?

CMI`s 2.32% Dividend Yield is considered as moderate.

What is the Dividend Payout Ratio of CMI?

The Dividend Payout Ratio of CMI is 34.4%. Healthy - Leaves room for growth and provides some protection to maintain dividends even in a recession.

What is the Dividend Rating of CMI?

CMI`s Overall Dividend Rating is 65.64%. Ratings surpassing 60 are regarded as favorable, exceeding 75 are strong, and surpassing 85 are exceptional.

CMI Outstanding Shares Analysis

What is the Trend in CMI`s Outstanding Shares?

Cummins`s outstanding shares have decreased by approximately -1.50% annually over the past 5 years (Correlation: -100.0%), positively influencing stock price.

Has Cummins ever had a Stock Split?

Yes, last Stock Split was on 2008-01-03 with a factor of 2:1. This stock split increased the number of shares and lowered the price per share by a ratio of 2.
Year Number of Shares Annual Growth Rate
1985 76,552,000
1986 84,608,000 +10.52%
1987 84,688,000 +0.09%
1988 85,264,000 +0.68%
1989 82,524,300 -3.21%
1990 113,203,900 +37.18%
1991 117,446,800 +3.75%
1992 135,652,200 +15.5%
1993 139,459,500 +2.81%
1994 166,800,000 +19.6%
1995 161,600,000 -3.12%
1996 154,000,000 -4.7%
1997 155,600,000 +1.04%
1998 154,000,000 -1.03%
1999 153,200,000 -0.52%
2000 152,800,000 -0.26%
2001 154,666,700 +1.22%
2002 155,600,000 +0.6%
2003 189,200,000 +21.59%
2004 171,217,700 -9.5%
2005 204,800,000 +19.61%
2006 201,176,500 -1.77%
2007 197,849,500 -1.65%
2008 197,000,000 -0.43%
2009 198,700,000 +0.86%
2010 196,100,000 -1.31%
2011 192,700,000 -1.73%
2012 188,400,000 -2.23%
2013 184,700,000 -1.96%
2014 181,000,000 -2%
2015 175,800,000 -2.87%
2016 168,100,000 -4.38%
2017 166,200,000 -1.13%
2018 157,200,000 -5.42%
2019 152,400,000 -3.05%
2020 149,300,000 -2.03%
2021 142,500,000 -4.55%
2022 142,300,000 -0.14%
2023 141,900,000 -0.28%
2024 138,400,000 -2.47%