Cummins Dividend and Recent Updates: Key Insights Before May 23, 2025

CashCowMonday, May 19, 2025 7:49 pm ET
1min read
Cummins Inc. recently announced its upcoming dividend details, with an ex-dividend date set for May 23, 2025. The company declared a cash dividend of $1.820 per share, which will be paid on Jun 5, 2025, following the announcement on May 13, 2025. This dividend is notably higher compared to the average of the last ten dividends, which stands at $0.560. The previous dividend, also $1.820 per share, was distributed on Mar 6, 2025. Both dividends are categorized as cash dividends.

Recently, has been at the forefront of several notable developments. Over the past week, the company released a comprehensive white paper exploring the fuel economy and CO2 improvement potential of conventional internal combustion engine powertrains. This initiative underscores Cummins’ commitment to advancing its technological capabilities and addressing pressing environmental challenges.

In a more financial vein, ISI Group recently adjusted its price target for , representing a 7.10% reduction from its previous estimate. This adjustment has caught the attention of investors and market analysts, emphasizing the need for stakeholders to closely monitor Cummins’ financial trajectory. The implications of this revision could influence market perceptions and investment decisions related to Cummins.

Since the last update, Citigroup has revised its stock rating for Cummins, boosting their target price from $320.00 to $350.00, accompanied by a "buy" rating. This upward adjustment reflects confidence in the company's market positioning and potential for growth, providing a positive outlook for Cummins' future performance.

In conclusion, Cummins Inc. is navigating a dynamic phase marked by strategic advancements and financial evaluations. As the ex-dividend date of May 23, 2025, approaches, it's crucial for investors to note that this is the final day to purchase shares and qualify for the upcoming dividend. Acquisitions made after this date will not be entitled to the dividend payout.

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