Cummins board increases quarterly common stock cash dividend

COLUMBUS, Ind. — The Board of Directors of Cummins Inc. (NYSE: CMI) today approved an increase in the company’s quarterly common stock cash dividend of approximately 8.3% from 1.68 dollars per share to 1.82 dollars per share. The dividend is payable on Sept. 5, 2024, to shareholders of record on Aug. 23, 2024. Cummins has increased the quarterly common stock dividend to shareholders for 15 consecutive years.