Cummins again increases quarterly common stock dividend

Cummins Inc. based in Columbus, Indiana, recently announced an 8.3% increase in its quarterly common stock cash dividend. The Board of Directors approved the increase from $1.68 per share to $1.82 per share. Shareholders can expect to receive the dividend on September 5, 2024, if they are recorded as shareholders on August 23, 2024. This marks the 15th consecutive year that Cummins has raised its quarterly common stock dividend.