COLUMBUS, Ind. – The Board of Directors of Cummins Inc. announced on Tuesday that it had 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 global power solutions leader said the dividend is payable on September 5, 2024, to all shareholders of record on August 23, 2024.
Cummins has increased the shareholder’s quarterly common stock dividend for 15 consecutive years.
