CMI - Dividend announcements

The Board of Directors of Cummins Inc. (NYSE:CMI) today declared a quarterly common stock cash dividend of 2.00 dollars per share. The dividend is payable on June 4, 2026, to shareholders of record on May 22, 2026. About Cummins Inc. Cummins Inc., a global power leader, is committed to powering a more prosperous world. Since 1919, we have delivered innovative solutions that move people, goods and economies forward. Our five business segments—Engine, Components, Distribution, Power Systems and Accelera™ by Cummins—offer a broad portfolio, including advanced diesel, electric and hybrid powertrains; integrated power generation systems; critical components such as aftertreatment, turbocharg

First-quarter revenues of $8.4 billion; GAAP1 Net Income of $654 million, or 7.8% of sales EBITDA2 in the first quarter was 15.4% of sales; Diluted EPS of $4.71 First-quarter results include $199 million, or $1.44 per diluted share, of charges related to completing the sale of our low-pressure fuel cell business and related customer obligations for this business Full-year revenues are expected to range from up 8% to up 11%, an improvement from prior guidance of up 3% to 8% EBITDA is now expected to be in the range of 17.75% to 18.50%, an increase from previous guidance of 17.0% to 18.0% Cummins Inc. (NYSE:CMI) today reported results for the first quarter of 2026. "Cummins

The Board of Directors of Cummins Inc. (NYSE:CMI) today declared a quarterly common stock cash dividend of 2.00 dollars per share. The dividend is payable on March 5, 2026, to shareholders of record on February 20, 2026. About Cummins Inc. Cummins Inc., a global power leader, is committed to powering a more prosperous world. Since 1919, we have delivered innovative solutions that move people, goods and economies forward. Our five business segments—Engine, Components, Distribution, Power Systems and Accelera™ by Cummins—offer a broad portfolio, including advanced diesel, electric and hybrid powertrains; integrated power generation systems; critical components such as aftertreatment, turb

Third quarter revenues of $8.3 billion; GAAP1 Net Income of $536 million, or 6.4% of sales EBITDA in the third quarter was 14.3% of sales; Diluted EPS of $3.86 Third quarter results include $240 million, or $1.73 per diluted share, of Accelera non-cash charges Cummins Inc. (NYSE:CMI) today reported results for the third quarter of 2025. "Cummins delivered strong operating results in the third quarter, driven by profitable growth in our Power Systems and Distribution segments, due in part to continued rising demand for backup power for data centers. Effective cost management across the company helped navigate through the anticipated sharp decline in the North American truck market,"

The Board of Directors of Cummins Inc. (NYSE:CMI) today declared a quarterly common stock cash dividend of 2.00 dollars per share. The dividend is payable on December 4, 2025, to shareholders of record on November 21, 2025. About Cummins Inc. Cummins Inc., a global power leader, is committed to powering a more prosperous world. Since 1919, we have delivered innovative solutions that move people, goods and economies forward. Our five business segments—Engine, Components, Distribution, Power Systems and Accelera™ by Cummins—offer a broad portfolio, including advanced diesel, alternative fuel, electric and hybrid powertrains; integrated power generation systems; critical components such as

Second quarter revenues of $8.6 billion; GAAP1 Net Income of $890 million, or 10.3% of sales EBITDA in the second quarter was 18.4% of sales; Diluted EPS of $6.43 Cummins Inc. (NYSE:CMI) today reported results for the second quarter of 2025. "We delivered strong second quarter results, driven by record profitability in our Power Systems and Distribution segments," said Jennifer Rumsey, Chair and CEO. "Our employees' resilience and commitment continue to power our success in a dynamic environment. We see a contrast across our markets with robust demand for power generation equipment supported by clear secular drivers, and our more economically sensitive markets, such as truck, where

The Board of Directors of Cummins Inc. (NYSE:CMI) today approved an increase in the company's quarterly common stock cash dividend of approximately 10% from 1.82 dollars per share to 2.00 dollars per share. The dividend is payable on September 4, 2025, to shareholders of record on August 22, 2025. Cummins has increased the quarterly common stock dividend to shareholders for 16 consecutive years. About Cummins Inc. Cummins Inc., a global power solutions leader, is comprised of five business segments - Engine, Components, Distribution, Power Systems and Accelera by Cummins - supported by our global manufacturing and extensive service and support network, skilled workforce and vast technol

The Board of Directors of Cummins Inc. (NYSE:CMI) today declared a quarterly common stock cash dividend of one dollar and eighty-two cents ($1.82) per share. The dividend is payable on March 6, 2025, to shareholders of record on February 21, 2025. About Cummins Inc. Cummins Inc., a global power solutions leader, is comprised of five business segments – Engine, Components, Distribution, Power Systems and Accelera by Cummins – supported by our global manufacturing and extensive service and support network, skilled workforce and vast technological expertise. Cummins is committed to its Destination Zero strategy, which is grounded in the company's commitment to sustainability and helping it

Fourth quarter revenues of $8.4 billion; GAAP1 Net Income of $418 million, or 4.9% of sales EBITDA in the fourth quarter was 12.1% of sales; Diluted EPS of $3.02 Fourth quarter results include $312 million, or $2.14 per diluted share, of Accelera strategic reorganization actions, of which $305 million were non-cash charges Full year 2024 revenues of $34.1 billion; GAAP1 Net Income of $3.9 billion, or 11.6% of sales EBITDA for full year 2024 was 18.6% of sales; Diluted EPS of $28.37 Full year 2025 revenues expected to range from down 2% to up 3%; EBITDA expected to range between 16.2% and 17.2% of sales Cummins Inc. (NYSE:CMI) today reported fourth quarter and full year 20

Third quarter revenues of $8.5 billion; GAAP1 Net Income of $809 million, or 9.6% of sales EBITDA in the third quarter was 16.4% of sales; Diluted EPS of $5.86 The company is maintaining its full year 2024 revenue guidance of down 3% to flat. EBITDA is now expected to be approximately 15.5% compared to previous guidance of 15.0% to 15.5%. Cummins Inc. (NYSE:CMI) today reported results for the third quarter of 2024. "We achieved strong sales and profitability in the third quarter, led by improvement in our Power Systems and Distribution businesses, and have adjusted our full year projection for EBITDA percentage to be at the top end of the prior range," said Jennifer Rumsey, Chair

The Board of Directors of Cummins Inc. (NYSE:CMI) today declared a quarterly common stock cash dividend of 1.82 dollars per share. The dividend is payable on December 5, 2024, to shareholders of record on November 22, 2024. About Cummins Inc. Cummins Inc., a global power solutions leader, is comprised of five business segments – Components, Engine, Distribution, Power Systems and Accelera by Cummins – supported by our global manufacturing and extensive service and support network, skilled workforce and vast technological expertise. Cummins is committed to its Destination Zero strategy, which is grounded in the company's commitment to sustainability and helping its customers successfully n

Record second quarter revenues of $8.8 billion; GAAP1 Net Income of $726 million EBITDA in the second quarter was 15.3% of sales; Diluted EPS of $5.26 Full year revenues are expected to range from down 3% to flat; an improvement from prior guidance of down 2% to 5%. EBITDA is now expected to be in the range of 15.0% to 15.5%; an increase from previous guidance of 14.5% to 15.5%. Cummins Inc. (NYSE:CMI) today reported results for the second quarter of 2024. "We achieved record quarterly sales and solid profitability in the second quarter, led by significant improvement in our Power Systems business," said Jennifer Rumsey, Chair and CEO of Cummins. "As we shared during our Anal

The Board of Directors of Cummins Inc. (NYSE:CMI) today approved an increase in the company's quarterly common stock cash dividend of approximately 8.3% from 1.68 dollars per share to 1.82 dollars per share. The dividend is payable on September 5, 2024, to shareholders of record on August 23, 2024. Cummins has increased the quarterly common stock dividend to shareholders for 15 consecutive years. About Cummins Inc. Cummins Inc., a global power solutions leader, is comprised of five business segments – Components, Engine, Distribution, Power Systems and Accelera by Cummins – supported by our global manufacturing and extensive service and support network, skilled workforce and vast techno

The Board of Directors of Cummins Inc. (NYSE:CMI) today declared a quarterly common stock cash dividend of 1.68 dollars per share, payable on June 6, 2024, to shareholders of record on May 24, 2024. About Cummins Inc. Cummins Inc., a global power solutions leader, is comprised of five business segments – Components, Engine, Distribution, Power Systems and Accelera by Cummins – supported by our global manufacturing and extensive service and support network, skilled workforce and vast technological expertise. Cummins is committed to its Destination Zero strategy, which is grounded in the company's commitment to sustainability and helping its customers successfully navigate the energy tran

First quarter revenues of $8.4 billion; GAAP1 Net Income of $2.0 billion EBITDA in the first quarter was 30.6% of sales; Diluted EPS of $14.03 First quarter results include a net gain of $1.3 billion, or $9.08 per diluted share, related to the separation of Atmus and $29 million, or $0.15 per diluted share, of restructuring expenses. The company is raising its guidance for full year 2024 revenue and EBITDA after adjusting for the separation of Atmus. Full year revenues are expected to decline 2% to 5%; prior guidance was also down 2% to 5% but assumed the inclusion of Atmus revenues for the full year. EBITDA is now expected to be in the range of 14.5% to 15.5%; an increase f

The Board of Directors of Cummins Inc. (NYSE:CMI) today declared a quarterly common stock cash dividend of 1.68 dollars per share, payable on March 7, 2024, to shareholders of record on February 23, 2024. About Cummins Inc. Cummins Inc., a global power leader, is a corporation of complementary business segments that design, manufacture, distribute and service a broad portfolio of power solutions. The company's products range from diesel, natural gas, electric and hybrid powertrains and powertrain-related components including filtration, aftertreatment, turbochargers, fuel systems, valvetrain technologies, controls systems, air handling systems, automated transmissions, axles, drivelines

The Board of Directors of Cummins Inc. (NYSE:CMI) today declared a quarterly common stock cash dividend of 1.68 dollars per share, payable on December 7, 2023, to shareholders of record on November 24, 2023. About Cummins Inc. Cummins Inc., a global power leader, is a corporation of complementary business segments that design, manufacture, distribute and service a broad portfolio of power solutions. The company's products range from diesel, natural gas, electric and hybrid powertrains and powertrain-related components including filtration, aftertreatment, turbochargers, fuel systems, controls systems, air handling systems, automated transmissions, axles, drivelines, brakes, suspension s

Cummins Inc. (NYSE:CMI) and Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSE:CVX), announced a memorandum of understanding to leverage complementary positioning in hydrogen, natural gas, and other lower carbon fuel value chains. The announcement expands the two companies' previous strategic collaboration on hydrogen and renewable natural gas and is expected to encompass other liquid renewable fuels, such as renewable gasoline blends, biodiesel and renewable diesel. This collaboration is intended to encourage commercial and industrial adoption in North America. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/2023081017

The Board of Directors of Cummins Inc. (NYSE:CMI) today approved an increase in the company's quarterly common stock cash dividend of approximately 7 percent to 1.68 dollars per share from 1.57 dollars per share. The dividend is payable on September 7, 2023, to shareholders of record on August 25, 2023. Cummins has increased the quarterly common stock dividend to shareholders for 14 consecutive years. About Cummins Inc. Cummins Inc., a global power leader, is a corporation of complementary business segments that design, manufacture, distribute and service a broad portfolio of power solutions. The company's products range from diesel, natural gas, electric and hybrid powertrains and powe

The Board of Directors of Cummins Inc. (NYSE:CMI) today declared a quarterly common stock cash dividend of 1.57 dollars per share, payable on June 1, 2023, to shareholders of record on May 19, 2023. About Cummins Inc. Cummins Inc., a global power leader, is a corporation of complementary business segments that design, manufacture, distribute and service a broad portfolio of power solutions. The company's products range from diesel, natural gas, electric and hybrid powertrains and powertrain-related components including filtration, aftertreatment, turbochargers, fuel systems, controls systems, air handling systems, automated transmissions, axles, drivelines, brakes, suspension systems, e

The Board of Directors of Cummins Inc. (NYSE:CMI) today declared a quarterly common stock cash dividend of 1.57 dollars per share, payable on March 9, 2023, to shareholders of record on February 24, 2023. About Cummins Inc. Cummins Inc., a global power leader, is a corporation of complementary business segments that design, manufacture, distribute and service a broad portfolio of power solutions. The company's products range from diesel, natural gas, electric and hybrid powertrains and powertrain-related components including filtration, aftertreatment, turbochargers, fuel systems, controls systems, air handling systems, automated transmissions, axles, drivelines, brakes, suspension system

The Board of Directors of Cummins Inc. (NYSE:CMI) today declared a quarterly common stock cash dividend of 1.57 dollars per share, payable on December 1, 2022, to shareholders of record on November 18, 2022. About Cummins Inc. Cummins Inc., a global power leader, is a corporation of complementary business segments that design, manufacture, distribute and service a broad portfolio of power solutions. The company's products range from diesel, natural gas, electric and hybrid powertrains and powertrain-related components including filtration, aftertreatment, turbochargers, fuel systems, controls systems, air handling systems, automated transmissions, electric power generation systems, batter

The Board of Directors of Cummins Inc. (NYSE:CMI) today approved an increase in the company's quarterly cash dividend on common stock of approximately 8 percent to 1.57 dollars per share from 1.45 dollars per share. The dividend is payable on September 1, 2022, to shareholders of record on August 19, 2022. About Cummins Inc. Cummins Inc., a global power leader, is a corporation of complementary business segments that design, manufacture, distribute and service a broad portfolio of power solutions. The company's products range from diesel, natural gas, electric and hybrid powertrains and powertrain-related components including filtration, aftertreatment, turbochargers, fuel systems, contro

Walmart to demonstrate 15-liter natural gas engine developed by Cummins Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSE:CVX), today announced definitive agreements to supply fuel linked to renewable natural gas for a Walmart Inc. (NYSE:WMT) demonstration of Cummins Inc.'s (NYSE:CMI) new 15-liter natural gas engine for heavy-duty trucks. As part of the agreements, Walmart will provide heavy-duty trucks for Cummins to integrate with the new 15-liter natural gas engine, the X15N™, which runs on compressed natural gas (CNG). After taking delivery, Walmart will field-test the finished trucks at its distribution center in Fontana, California, with Chevron supplying the trucks wit

The Board of Directors of Cummins Inc. (NYSE:CMI) today declared a quarterly common stock cash dividend of 1.45 dollars per share, payable on June 2, 2022, to shareholders of record on May 20, 2022. About Cummins Inc. Cummins Inc., a global power leader, is a corporation of complementary business segments that design, manufacture, distribute and service a broad portfolio of power solutions. The company's products range from diesel, natural gas, electric and hybrid powertrains and powertrain-related components including filtration, aftertreatment, turbochargers, fuel systems, controls systems, air handling systems, automated transmissions, electric power generation systems, batteries, elec

First quarter revenues of $6.4 billion; GAAP1 Net Income of $418 million EBITDA in the first quarter was 11.8 percent of sales; Diluted EPS of $2.92 First quarter results include costs of $158 million ($1.03 per diluted share) related to the indefinite suspension of operations in Russia, and $17 million ($0.09 per diluted share) related to the separation of the Filtration business The company is raising its full year 2022 revenue guidance to be up 8 percent; an increase from up 6 percent in previous guidance The company is maintaining its 2022 full year guidance for EBITDA of approximately 15.5 percent Cummins Inc. (NYSE:CMI) today reported results for the first quarter of 2022.

The Board of Directors of Cummins Inc. (NYSE:CMI) today declared a quarterly common stock cash dividend of 1.45 dollars per share, payable on March 3, 2022, to shareholders of record on February 18, 2022. About Cummins Inc. Cummins Inc., a global power leader, is a corporation of complementary business segments that design, manufacture, distribute and service a broad portfolio of power solutions. The company's products range from diesel, natural gas, electric and hybrid powertrains and powertrain-related components including filtration, aftertreatment, turbochargers, fuel systems, controls systems, air handling systems, automated transmissions, electric power generation systems, batteries

Full year revenues of $24 billion; GAAP1 Net Income of $2.1 billion EBITDA for the full year was 14.7 percent of sales; Diluted EPS of $14.61 Fourth quarter revenues of $5.9 billion; GAAP1 Net Income of $394 million Fourth quarter EBITDA of 12.1 percent; Diluted EPS of $2.73 The company expects full year 2022 revenues to be up 6 percent, EBITDA expected to be approximately 15.5 percent Cummins Inc. (NYSE:CMI) today reported full year 2021 results. Revenues for the full year were $24 billion, 21 percent higher than 2020. Sales in North America increased 17 percent and international revenues increased 27 percent. Sales increased in all major regions compared to the prior year, whi

Third quarter revenues of $6.0 billion; GAAP1 Net Income of $534 million. Third quarter EBITDA of 14.4 percent; Diluted EPS of $3.69. The company now expects its full year 2021 revenue to be up approximately 20.0 percent; compared to prior guidance of up 20.0 to 24.0 percent. The company is lowering its EBITDA guidance to be approximately 15.0 percent; compared to prior guidance of 15.5 to 16.0 percent.   Cummins Inc. (NYSE:CMI) today reported results for the third quarter of 2021. Third quarter revenues of $6.0 billion increased 17 percent from the same quarter in 2020. Sales in North America increased 13 percent while international revenues increased 22 percent driven by strong

The Board of Directors of Cummins Inc. (NYSE:CMI) today declared a quarterly common stock cash dividend of 1.45 dollars per share, payable on December 2, 2021, to shareholders of record on November 19, 2021. About Cummins Inc. Cummins Inc., a global power leader, is a corporation of complementary business segments that design, manufacture, distribute and service a broad portfolio of power solutions. The company's products range from diesel, natural gas, electric and hybrid powertrains and powertrain-related components including filtration, aftertreatment, turbochargers, fuel systems, controls systems, air handling systems, automated transmissions, electric power generation systems, batter

Second quarter revenues of $6.1 billion; GAAP1 Net Income of $600 million. Second quarter EBITDA of 15.9 percent; Diluted EPS of $4.10. The company is maintaining its full year 2021 revenue guidance to be up 20 to 24 percent. EBITDA is expected to be in the range of 15.5 to 16.0 percent; consistent with prior guidance. Cummins is also announcing the exploration of strategic alternatives for its filtration business. Potential strategic alternatives to be explored include the separation of the Cummins Filtration business unit into a stand-alone company. Cummins Inc. (NYSE:CMI) today reported results for the second quarter of 2021. Second quarter revenues of $6.1 billion increased

Chevron U.S.A. Inc., through its Chevron Products Company division (Chevron), and Cummins Inc., (NYSE:CMI) a global power and hydrogen technologies leader, announced a memorandum of understanding (MOU) to explore a strategic alliance to develop commercially viable business opportunities in hydrogen and other alternative energy sources. The MOU provides the framework for Chevron and Cummins to initially collaborate on four main objectives: advancing public policy that promotes hydrogen as a decarbonizing solution for transportation and industry; building market demand for commercial vehicles and industrial applications powered by hydrogen; developing infrastructure to support the use of hyd

The Board of Directors of Cummins Inc. (NYSE:CMI) today approved an increase in the company's quarterly cash dividend on common stock of 7 percent to 1.45 dollars per share from 1.35 dollars per share. The dividend is payable on September 2, 2021, to shareholders of record on August 20, 2021. "This marks our 12th consecutive year of increasing our dividend, demonstrating a consistent trend of returning capital to shareholders while continuing to invest in our future," said Tom Linebarger, Chairman and CEO, Cummins Inc. About Cummins Inc. Cummins Inc., a global power leader, is a corporation of complementary business segments that design, manufacture, distribute and service a broad portfo

The Board of Directors of Cummins Inc. (NYSE:CMI) today declared a quarterly common stock cash dividend of 1.35 dollars per share, payable on June 3, 2021, to shareholders of record on May 21, 2021. About Cummins Inc. Cummins Inc., a global power leader, is a corporation of complementary business segments that design, manufacture, distribute and service a broad portfolio of power solutions. The company's products range from diesel, natural gas, electric and hybrid powertrains and powertrain-related components including filtration, aftertreatment, turbochargers, fuel systems, controls systems, air handling systems, automated transmissions, electric power generation systems, batteries, elect

First quarter revenues of $6.1 billion; GAAP1 Net Income of $603 million First quarter EBITDA of 16.1 percent; Diluted EPS of $4.07 The company is raising its full year 2021 revenue guidance to be up 20 to 24 percent; up from 8 to 12 percent EBITDA is now expected to be in the range of 15.5 to 16.0 percent; up from 15.0 to 15.5 percent Cummins Inc. (NYSE:CMI) today reported results for the first quarter of 2021. First quarter revenues of $6.1 billion increased 22 percent from the same quarter in 2020. Sales in North America increased 7 percent while international revenues increased 45 percent driven by strong demand across all global markets as well as new product sales in China a

COLUMBUS, Ind.--(BUSINESS WIRE)--The Board of Directors of Cummins Inc. (NYSE: CMI) today declared a quarterly common stock cash dividend of 1.35 dollars per share, payable on March 4, 2021, to shareholders of record on February 19, 2021. About Cummins Inc. Cummins Inc., a global power leader, is a corporation of complementary business segments that design, manufacture, distribute and service a broad portfolio of power solutions. The company’s products range from diesel, natural gas, electric and hybrid powertrains and powertrain-related components including filtration, aftertreatment, turbochargers, fuel systems, controls systems, air handling systems, automated transmissions, el

COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) today reported results for the fourth quarter of 2020. Fourth quarter revenues of $5.8 billion increased 5 percent from the same quarter in 2019. Sales in North America were flat while international revenues increased 12 percent driven by strong demand in China truck and construction markets as well as the growth in new product sales in India. Earnings before interest, taxes, depreciation and amortization (EBITDA) in the fourth quarter were $837 million (14.4 percent of sales), compared to $682 million (12.2 percent of sales) excluding restructuring a year ago. Fourth quarter EBITDA included $36 million of expenses associ