CMI · News · 20260804N
Capital Return Program
CUMMINS INC · 2026-08-04 · Importance 50 · Surprise 58 · In source text
Cummins increased its quarterly dividend from $2.00 to $2.20 per share, a 10% increase. The new dividend implies an annualized payout of $8.80 per share. The company returned $501 million to shareholders through dividends and share buybacks during the second quarter.
Key facts
- Increased quarterly dividend from $2.00 to $2.20 per share. source
- $501 million returned to shareholders through dividends and buybacks in the quarter. source
- Quarterly dividend increase results in an annualized dividend of $8.80 and a reported 1.4% yield (per MarketBeat summary). source
- Several institutional investors adjusted holdings: Edgestream Partners cut its stake by 81.7%, selling 8,841 shares and retaining 1,978 shares valued at $1.06 million. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | committed | — | Increased quarterly dividend from $2.00 to $2.20 per share. |
| cash | negative | realized | — | $501 million returned to shareholders through dividends and buybacks in the quarter. |