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
12/05/201614:36:10Statement of Changes in Beneficial Ownership (4)
11/30/201614:23:32Statement of Changes in Beneficial Ownership (4)
11/30/201614:22:27Statement of Changes in Beneficial Ownership (4)
11/28/201616:46:48Statement of Changes in Beneficial Ownership (4)
11/17/201616:17:21Current Report Filing (8-k)
11/14/201610:51:22Statement of Changes in Beneficial Ownership (4)
11/14/201610:49:12Statement of Changes in Beneficial Ownership (4)
11/08/201610:28:54Statement of Changes in Beneficial Ownership (4)
11/04/201603:03:00American Axle Agrees To Acquire Metaldyne -- WSJ
11/03/201614:53:00American Axle Reaches Deal for Metaldyne--3rd update
11/01/201612:58:11Quarterly Report (10-q)
11/01/201612:24:00Cummins Revenue Falls 9% as Demand Remains Weak
11/01/201607:37:50Current Report Filing (8-k)
11/01/201607:30:00Cummins Announces Third Quarter 2016 Results
10/19/201616:00:49Amended Annual Report of Employee Stock Plans (11-k/a)
10/17/201609:09:40Current Report Filing (8-k)
10/13/201616:05:00Cummins Westport Begins Production of ISL G Near Zero Natural...
10/13/201616:05:00Cummins Westport Begins Production of ISL G Near Zero Natural...
10/11/201614:20:00Cummins Inc. Declares Quarterly Common Stock Dividend
10/05/201609:23:00Cummins Rolls Out Game-Changing X15 Series Engines at the Jamestown...

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 1999-2016 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US