CMI Dividend History & Yield

Cummins Inc. · NYSE

Stock Industrials Quarterly payer Dividend growthIndustrial
$561.55
+0.14% today
as of Sep 8, 2026
TTM yield
1.46%
$8.20/share over the last 12 months
Forward yield
1.57%
$8.80/share indicated annual rate
Annual dividend
$8.80
per share, forward
Per payment
$2.20
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-dividend date
Nov 20, 2026 Estimated
in 72 days
Next pay date
Dec 4, 2026
in 86 days
Last ex-dividend date
Aug 21, 2026
$2.20 per share
Payout ratio
41%
of earnings
Market cap
77.3B
P/E 28.7
5y dividend CAGR
+8.3%
annualised, regular payments
Growth streak
16 yrs
consecutive annual raises
Years paying
53.5
since Mar 2, 1973
1y total return
+43.0%
price +40.9% + dividends 2.1%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Fri, Nov 20, 2026 (in 72 days) Dec 4, 2026 $2.20 $220.00 Estimated
Fri, Feb 19, 2027 (in 163 days) Mar 5, 2027 $2.20 $220.00 Estimated
Fri, May 21, 2027 (in 254 days) Jun 4, 2027 $2.20 $220.00 Estimated
Fri, Aug 20, 2027 (in 345 days) Sep 3, 2027 $2.20 $220.00 Estimated

Estimated dates and amounts are projected from CMI's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $8.80 per share.

Dividend payment history

Last 40 payments per share. RegularSpecial

Last 40 payments per share from Nov 17, 2016 to Aug 21, 2026; most recent $2.20$0.00$1.25$2.50Nov 17, 2016: $1.025Nov '16Feb 22, 2017: $1.025May 17, 2017: $1.025Aug 16, 2017: $1.08Nov 16, 2017: $1.08Feb 22, 2018: $1.08Feb '18May 17, 2018: $1.08Aug 21, 2018: $1.14Nov 14, 2018: $1.14Feb 21, 2019: $1.14May 23, 2019: $1.14May '19Aug 20, 2019: $1.311Nov 13, 2019: $1.311Feb 20, 2020: $1.311May 21, 2020: $1.311Aug 20, 2020: $1.311Aug '20Nov 19, 2020: $1.35Feb 18, 2021: $1.35May 20, 2021: $1.35Aug 19, 2021: $1.45Nov 18, 2021: $1.45Nov '21Feb 17, 2022: $1.45May 19, 2022: $1.45Aug 18, 2022: $1.57Nov 17, 2022: $1.57Feb 23, 2023: $1.57Feb '23May 18, 2023: $1.57Aug 24, 2023: $1.68Nov 22, 2023: $1.68Feb 22, 2024: $1.68May 23, 2024: $1.68May '24Aug 23, 2024: $1.82Nov 22, 2024: $1.82Feb 21, 2025: $1.82May 23, 2025: $1.82Aug 22, 2025: $2.00Aug '25Nov 21, 2025: $2.00Feb 20, 2026: $2.00May 22, 2026: $2.00Aug 21, 2026: $2.20

Annual dividends per share

Annual dividend per share by calendar year, 2017 to 2026 (year to date)$0.00$5.00$10.002017: $4.21$4.2120172018: $4.44$4.4420182019: $4.902$4.90220192020: $5.283$5.28320202021: $5.60$5.6020212022: $6.04$6.0420222023: $6.50$6.5020232024: $7.00$7.0020242025: $7.64$7.6420252026 (YTD): $6.20$6.202026 YTD

How much CMI do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month137$76,575$1,200
$500 / month682$382,875$6,000
$1,000 / month1,364$765,750$12,000

Based on the forward yield of 1.57%. $10,000 in CMI would currently pay about $157 a year ($13 a month on average). Model reinvestment and growth →

CMI dividend history

Ex-datePay dateAmountChange
Aug 21, 2026 $2.20 +10.0%
May 22, 2026 $2.00 +0.0%
Feb 20, 2026 $2.00 +0.0%
Nov 21, 2025 $2.00 +0.0%
Aug 22, 2025 $2.00 +9.9%
May 23, 2025 $1.82 +0.0%
Feb 21, 2025 $1.82 +0.0%
Nov 22, 2024 $1.82 +0.0%
Aug 23, 2024 $1.82 +8.3%
May 23, 2024 $1.68 +0.0%
Feb 22, 2024 $1.68 +0.0%
Nov 22, 2023 $1.68 +0.0%
Aug 24, 2023 $1.68 +7.0%
May 18, 2023 $1.57 +0.0%
Feb 23, 2023 $1.57 +0.0%
Nov 17, 2022 $1.57 +0.0%
Aug 18, 2022 $1.57 +8.3%
May 19, 2022 $1.45 +0.0%
Feb 17, 2022 $1.45 +0.0%
Nov 18, 2021 $1.45 +0.0%
Aug 19, 2021 $1.45 +7.4%
May 20, 2021 $1.35 +0.0%
Feb 18, 2021 $1.35 +0.0%
Nov 19, 2020 $1.35 +3.0%

CMI dividend increases & cuts

Market-wide changes →
Ex-dateChangeOldNewStatus
Aug 21, 2026 Raised 10.0% $2.00 $2.20 Paid
Aug 22, 2025 Raised 9.9% $1.82 $2.00 Paid

Detected from the regular payment stream; supplemental and special dividends are excluded. Pro members get an email the morning a holding raises or cuts.

Payout risk check

Yield-trap heuristicLow risk

CMI scores 0/100 on our yield-trap heuristic (low risk).

No warning flags: the payout ratio, yield level, 5-year cut history and price trend all look ordinary.

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About Cummins Inc.

Cummins Inc. offers various power solutions worldwide. The company operates through five segments: Engine, Distribution, Components, Power Systems, and Accelera. It offers diesel and natural gas-powered engines; and drivetrain systems, including axles, drivelines, brakes, and suspension systems; and on- and off-highway, and other products. The company also provides aftertreatment technology and solutions comprising custom engineering systems and integrated controls, oxidation catalysts, particulate filters, and selective catalytic reduction systems, as well as engineered components, including dosers; turbochargers, fuel systems, and valvetrain technologies; electronic control modules,…

Sector: Industrials. Industry: Specialty Industrial Machinery. First dividend on our records: Mar 2, 1973. 168 payments tracked. Data last refreshed Sep 8, 2026. Spotted a mistake? Report it and we'll fix it.

CMI dividend FAQ

When is CMI's next ex-dividend date?

CMI's next ex-dividend date is Nov 20, 2026 (in 72 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $2.20 per share, expected on Dec 4, 2026.

How often does CMI pay dividends?

CMI pays dividends every quarter, 4 times a year. The most recent payment was $2.20 per share with an ex-date of Aug 21, 2026.

What is CMI's dividend yield?

CMI's trailing 12-month dividend yield is 1.46%, based on $8.20 per share paid over the last year and a share price of $561.55. The forward yield, using the indicated annual rate of $8.80 per share, is 1.57%.

How much does CMI pay per share?

CMI pays about $2.20 per share each quarter, which works out to roughly $8.80 per share a year. 100 shares would collect about $880.00 a year.

Has CMI grown or cut its dividend?

CMI has raised its annual dividend for 16 consecutive years. Over the last 5 years the regular payout has grown at 8.3% a year (+9.9% over the last year). There has been no cut to a regular payment in the last 5 years.

How many shares of CMI do I need to earn $100 a month?

At the current forward yield of 1.57%, you would need about 137 shares of CMI (roughly $76,575 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.

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