CMI (NYSE) - Dividend History and Outstanding Shares
Dividend Rating: 7.34 ✓ Yield 2.35%, Avg. Growth per Year 5.81%, 95.4% Consistency of Payouts and many other metrics.
Dividends per Share Yearly
Number of Payouts Yearly
Outstanding Shares
What is the Trend of CMI`s Outstanding Shares?
The Outstanding Shares of Cummins are shrinking at a rate of -2.40% per year on average over the last 10 years. The Correlation Coefficent of the Outstanding Shares is -100.00%. Investors should be aware that the price of a stock often is positively affected by a decreasing number of shares.Did 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 (Mill.) | Growth |
|---|---|---|
| 2023 | 141.9 | -0.28% |
| 2022 | 142.3 | -0.14% |
| 2021 | 142.5 | -4.55% |
| 2020 | 149.3 | -2.03% |
| 2019 | 152.4 | -3.05% |
| 2018 | 157.2 | -5.42% |
| 2017 | 166.2 | -1.13% |
| 2016 | 168.1 | -4.38% |
| 2015 | 175.8 | -2.87% |
| 2014 | 181 | -2% |
| 2013 | 184.7 | -1.96% |
| 2012 | 188.4 | -2.23% |
| 2011 | 192.7 | -1.73% |
| 2010 | 196.1 | -1.31% |
| 2009 | 198.7 | +0.86% |
| 2008 | 197 | -0.43% |
| 2007 | 197.85 | -1.65% |
| 2006 | 201.18 | -1.77% |
| 2005 | 204.8 | +19.61% |
| 2004 | 171.22 | -9.5% |
| 2003 | 189.2 | +21.59% |
| 2002 | 155.6 | +0.6% |
| 2001 | 154.67 | +1.22% |
| 2000 | 152.8 | -0.26% |
| 1999 | 153.2 | -0.52% |
| 1998 | 154 | -1.03% |
| 1997 | 155.6 | +1.04% |
| 1996 | 154 | -4.7% |
| 1995 | 161.6 | -3.12% |
| 1994 | 166.8 | +19.6% |
| 1993 | 139.46 | +2.81% |
| 1992 | 135.65 | +15.5% |
| 1991 | 117.45 | +3.75% |
| 1990 | 113.2 | +37.18% |
| 1989 | 82.52 | -3.21% |
| 1988 | 85.26 | +0.68% |
| 1987 | 84.69 | +0.09% |
| 1986 | 84.61 | +10.52% |
| 1985 | 76.55 |
Dividend Yields, Growth & Consistency
| Overall Dividend Rating | 7.34 | ||
| Dividends Paid 12m | 6.61 | Yield 12m | 2.35% |
| Dividends Paid Average 5y | 5.98 | Yield Average 5y | 2.13% |
| Growth Rate 5y | 5.81% | Yield on Cost 5y | 4.52% |
| Payout Consistency | 95.4% | First Payout | 1990-02-23 |
| Compare CMI Dividends with its Industry Peers | |||
Dividend History - Last 25 Dividends (Paid in USD)
| Date | Period | Dividend Rate | Growth |
|---|---|---|---|
| 2024-02-22 | Quarterly | 1.68 | |
| 2023-11-22 | Quarterly | 1.68 | |
| 2023-08-24 | Quarterly | 1.68 | 7% |
| 2023-05-18 | Quarterly | 1.57 | |
| 2023-02-23 | Quarterly | 1.57 | |
| 2022-11-17 | Quarterly | 1.57 | |
| 2022-08-18 | Quarterly | 1.57 | 8.3% |
| 2022-05-19 | Quarterly | 1.45 | |
| 2022-02-17 | Quarterly | 1.45 | |
| 2021-11-18 | Quarterly | 1.45 | |
| 2021-08-19 | Quarterly | 1.45 | 7.4% |
| 2021-05-20 | Quarterly | 1.35 | |
| 2021-02-18 | Quarterly | 1.35 | |
| 2020-11-19 | Quarterly | 1.35 | 3% |
| 2020-08-20 | Quarterly | 1.311 | |
| 2020-05-21 | Quarterly | 1.311 | |
| 2020-02-20 | Quarterly | 1.311 | |
| 2019-11-13 | Quarterly | 1.311 | |
| 2019-08-20 | Quarterly | 1.311 | 15% |
| 2019-05-23 | Quarterly | 1.14 | |
| 2019-02-21 | Quarterly | 1.14 | |
| 2018-11-14 | Quarterly | 1.14 | |
| 2018-08-21 | Quarterly | 1.14 | 5.6% |
| 2018-05-17 | Quarterly | 1.08 | |
| 2018-02-22 | Quarterly | 1.08 |
- CMI`s 2.35% Dividend Yield is calculated by dividing the dividend payments of the last 12-Months (TTM) of 6.61 USD by the current stock price.
- 4.52% Yield on Cost is the effective dividend income you'd receive today if you purchased the stock five years ago (Rate of the last 12 Months 6.61 divided by price 5 years ago).
- The 95.4% Payout Consistency of CMI Dividends gauges Stability (Values above 80%) or Fragility (Values under 60%).
- The Average Dividend Growth Rate of 5.81% per year in the last 5-Years showcases CMI`s commitment to shareholders. Steady or increasing dividends over time can be a sign of a healthy financial outlook.
Ratings surpassing 5 are regarded as favorable, while those exceeding 7.5 are exceptionally strong. The calculations includes: Yield, Yield on Cost, Consistency of Payouts and Growth Rates over time.