CMI · 8-K · 20260804PR000026
Capital Return Program
CUMMINS INC · 2026-08-04 · Importance 62 · Surprise 58 · In source text
Cummins returned $501 million to shareholders during the second quarter through cash dividends and share repurchases. Second-quarter common-stock dividend payments totaled $276 million, while share repurchases totaled $225 million. For the first six months, dividend payments were $552 million and repurchases were $468 million. The company increased its quarterly dividend from $2.00 to $2.20 per share and has raised the dividend for 17 consecutive years.
Key facts
- The company returned $501 million to shareholders in the second quarter in the form of cash dividends and share repurchases source
- Cummins announced an increase in the quarterly common stock cash dividend from $2.00 to $2.20 per share source
- Dividend payments on common stock in the three months ended June 30, 2026: $276 million; Repurchases of common stock in the three months ended June 30, 2026: $225 million source
- Net cash (used in) provided by financing activities for the three months ended June 30, 2026: $(524) million source
- Cummins plans to continue generating strong operating cash flow and returns for shareholders and is committed to our long-term strategic goal of returning 50% of operating cash flow back to shareholders source
- The company has increased the quarterly dividend to shareholders for 17 consecutive years source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | realized | — | The company returned $501 million to shareholders in the second quarter in the form of cash dividends and share repurchases |
| cash | negative | committed | — | Cummins announced an increase in the quarterly common stock cash dividend from $2.00 to $2.20 per share |