ADVFN - Advanced Financial Network.
HOME» NYSE » C » CMI Stock Price » CMI Stock News

Cummins Share News

 Cummins, Inc. Stock Price
CMI Stock Price
 Cummins, Inc. Stock Chart
CMI Stock Chart
 Cummins, Inc. Stock News
CMI Stock News
 Cummins, Inc. Company Information
CMI Company Information
 Cummins, Inc. Stock Trades
CMI Stock Trades

Cummins Raises Quarterly Dividend 52%

DOW JONES NEWSWIRES Cummins Inc. (CMI) increased its dividend 52%, adding the maker of truck engines and power-generation systems to the trend of companies rewarding shareholders by tapping into cash piles. The company, which had about 196.2 million shares outstanding at March 27, raised its quarterly payout to 40 cents a share from 26.25 cents, an additional expense of about $27 million a quarter. "Cummins had its most profitable year in its history in 2010 and we expect that 2011 will be an even better year," said Chairman and Chief Executive Tim Solso. "As a result, we are further rewarding our shareholders for their support." The company reported in April its first-quarter profit more than doubled on strength in key international markets and a recovery in the North American truck market. Shares recently rose 1.1% to $104.75 in premarket trading. The stock has gained 47% over the past 52 weeks, through Monday's close. -By Melodie Warner, Dow Jones Newswires; 212-416-2283; melodie.warner@dowjones.com

Stock News for Cummins (CMI)
DateTimeHeadline
02/12/201617:26:56Amended Statement of Ownership (sc 13g/a)
02/12/201612:47:27Statement of Ownership (sc 13g)
02/10/201611:26:52Schedule 13g<br /> (sc 13g)
02/10/201609:22:47Amended Statement of Ownership (sc 13g/a)
02/09/201614:44:19Amended Statement of Changes in Beneficial Ownership (4/a)
02/09/201613:39:07Statement of Ownership (sc 13g)
02/09/201609:33:00Cummins Connected Diagnostics™ is Now Available with Geotab® Fl...
02/09/201607:34:04Cummins Announces $500 Million Accelerated Share Repurchase
02/05/201603:02:00Engine Maker Cummins Hit by Slowing Truck Sales
02/04/201616:04:00Cummins Profit Falls on Weak Demand and Commodities Prices...
02/04/201610:26:00Correction to Cummins Earnings Story
02/04/201609:00:00Cummins Scales Back Light Duty Truck Production as Profit Sinks
02/04/201608:54:00Cummins Scales Back Light Duty Truck Production as Profit Sinks
02/04/201607:49:13Current Report Filing (8-k)
02/04/201607:30:00Cummins Announces Financial Results for the Fourth Quarter and...
01/15/201609:23:38Annual Statement of Changes in Beneficial Ownership (5)
01/11/201610:07:55Cummins announces first sites to achieve 'Zero Disposal'
12/01/201520:48:45Why Cummins, Breitburn Energy Partners, and Joy Global Slumped...
12/01/201503:02:00Firms Shy Away From Spending
11/27/201515:00:045 Crucial Things PACCAR Inc. Management Wants You to Know

Cummins and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2015 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad