CMI – Dividend Returns, History & Calculator

Dividend Contender 20 Years

Cummins Inc. offers various power solutions worldwide. The company operates through five segments: Engine, Distribution, Components, Power Systems, and Accelera. It offers diesel and natural gas-powered engines; and drivetrain systems, including axles, driveli

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Company Info

Symbol CMI
Company Cummins Inc.
Sector Industrials
Industry Specialty Industrial Machinery
Website Visit
Market Cap $75,946.8M

Price Data

Price $549.68
Price Change -0.41
Price Change % -0.07%
Next Earnings Report May 4, 2026
Low (52W) $260.02
High (52W) $617.98

Dividend Data

Div Yield 1.46%
5Y Avg Yield 2.12%
Current Div $2.000
Payouts/Year 4
Annualized $8.000
Previous Div $2.000
Ex-date Feb 20, 2026
Dividend Pay Date Mar 5, 2026

Growth Rates

Chowder Number 9.5
DGR 1Y 9.5%
DGR 3Y 8.3%
DGR 5Y 8.0%
DGR 10Y 7.8%

Total Returns

TTR 1Y - With Specials 104.5%
TTR 3Y - With Specials 39.4%
TTR 1Y - No Specials 104.5%
TTR 3Y - No Specials 39.4%

Fair Value

Fair Value (P/E 10) $233.60
FV (P/E 10) % 135.0%
Fair Value (Peter Lynch) $512.50
FV (Peter Lynch) % 7.0%
Fair Value (Blended) $292.90
FV (Blended) % 88.0%

Financial Metrics

Revenue 1Y -1.3%
NPM 8.4%
CF/Share $26.21
ROE 23.9%
Current R 1.8x
Debt/Capital 37.0%
ROTC 15.4%
P/E 26.8x
P/BV 6.2x
PEG 1.37
📊 Financial data last updated: April 6, 2026 12:47 pm (Data may be stale)

Calculate your CMI Dividend Returns

Quickly and easily calculate CMI dividend yield using our CMI calculator. Adjust the fields below to see how your CMI investments snowball over time.

Show Idealized Scenario (Assumes all future extra investments and dividends are made on Day 1 and reinvested instantly — this creates a best-case scenario for compounding growth.)

Portfolio Growth Over Time

Data last updated: April 15, 2026 11:27 am

Year-by-Year Portfolio Growth (Realistic DRIP Scenario)

YearStart BalanceStart SharesShare PriceDividend / ShareDividend YieldYield on CostAnnual DividendTotal DividendsEnd SharesEnd Balance
1$10,00016$615.56$2.001.30%1.30%$140$14018$11,340
2$13,45318$730.23$2.151.18%1.40%$168$30820$14,821
3$17,58220$866.26$2.311.07%1.50%$196$50522$18,978
4$22,51322$1,027.62$2.480.97%1.61%$225$73023$23,939
5$28,39823$1,219.05$2.670.87%1.73%$256$98624$29,854
6$35,41524$1,446.14$2.860.79%1.86%$287$1,27326$36,902
7$43,77726$1,715.53$3.080.72%2.00%$320$1,59426$45,297
8$53,73526$2,035.10$3.310.65%2.15%$355$1,94927$55,290
9$65,58927$2,414.20$3.550.59%2.31%$391$2,34028$67,181
10$79,69628$2,863.93$3.820.53%2.48%$430$2,77028$81,325

CMI Dividend History

Ex-Date Payment Date Amount TTM Yield Forward Yield Price on Ex-Date
02/20/202602/20/2026$2.001.32%1.35%$593.28
11/21/202511/21/2025$2.001.62%1.69%$472.51
08/22/202508/22/2025$2.001.85%1.99%$402.30
05/23/202505/23/2025$1.822.29%2.29%$317.23
02/21/202502/21/2025$1.821.95%1.98%$366.92
11/22/202411/22/2024$1.821.88%1.95%$372.62
08/23/202408/23/2024$1.822.22%2.35%$309.31
05/23/202405/23/2024$1.682.37%2.37%$283.90
02/22/202402/22/2024$1.682.51%2.56%$262.88
11/22/202311/22/2023$1.682.90%2.99%$224.51
08/24/202308/24/2023$1.682.77%2.91%$230.75
05/18/202305/18/2023$1.572.93%2.93%$214.65
02/23/202302/23/2023$1.572.49%2.54%$247.66
11/17/202211/17/2022$1.572.43%2.53%$248.38
08/18/202208/18/2022$1.572.57%2.73%$230.20
05/19/202205/19/2022$1.452.87%2.87%$201.88
02/17/202202/17/2022$1.452.61%2.65%$218.69
11/18/202111/18/2021$1.452.46%2.54%$228.10
08/19/202108/19/2021$1.452.38%2.51%$231.50
05/20/202105/20/2021$1.352.10%2.12%$255.17
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Invest in CMI with Interactive Brokers

CMI 10-yr Total Return ($10,000 invested)

This analysis of CMI demonstrates the power of dividend reinvestment over a 10-year period with a $10,000 initial investment. The dividend reinvestment strategy delivered a 22.0% CAGR, representing exceptional long-term performance. The DRIP strategy provided 18% more total return compared to collecting dividends as cash, highlighting the compounding effect of reinvestment.

With DRIP No DRIP

Total Return with and without DRIP (CMI)

Over the selected period, investing $10,000 in CMI would grow to $93,502 with DRIP (835.0%), and $75,792 without DRIP (657.9%).

CMI Dividend Reinvestment Snowball

Investing $10,000 + $100/mo in CMI with historic price growth (18.63%) and dividend growth (7.45%) produces dramatically different outcomes depending on whether you reinvest dividends.

After 20 Years

Your Investment: $34,000

With DRIP

Portfolio: $562,152

Annual Dividend: $1,009

Yield on Cost: 2.97%

Total Dividends: $9,449

No DRIP

Portfolio: $521,860

Total Dividends: $8,799

After 30 Years

Your Investment: $46,000

With DRIP

Portfolio: $3,168,900

Annual Dividend: $2,114

Yield on Cost: 4.60%

Total Dividends: $23,893

No DRIP

Portfolio: $2,885,581

Total Dividends: $21,901

Milestones on the way

By year 13, the compounding really starts to show. Your total dividends collected reach $4,187 against a total investment of $25,600. At this point, your portfolio is throwing off $582 per year in dividends alone.

By year 17, the annual dividend climbs to around your initial contribution. For a starting investment of $10,000, the yearly dividend now sits at approximately $802, a powerful “income on autopilot” milestone.

After two decades, cumulative dividends total $9,449 versus $34,000 invested, nearly a 28% recovery of capital purely from income. Yield on cost reaches 2.97%.

At year 25, the income engine takes over. The portfolio’s annual dividend of $1,466 is greater than total contributions to date ($40,000), and cumulative dividends exceed $15,353.

By year 30, the DRIP snowball is in full force. Yearly income reaches $2,114, cumulative dividends total $23,893, and the DRIP portfolio value stands at $3,168,900, compared with $2,885,581 if dividends weren’t reinvested.

How we estimate these numbers

We use the latest calculator inputs for CMI, price $615.56, dividend per period $2.00 (4x/year), along with historic growth assumptions: price growth 18.63% and dividend growth 7.45% annually.

We simulate month by month for 30 years. Every month, a $100 contribution is added and converted to shares at that month’s price. Dividends are paid roughly evenly across the year based on the dividend frequency; in the DRIP path, each payout immediately buys additional shares at the then-current price. In the No-DRIP path, dividends accrue as cash. Prices grow using a monthly rate derived from the annual price growth. Dividends per share increase once per year at the annual dividend growth rate.

This model isn’t investment advice; it’s a simple, transparent framework that illustrates how reinvesting dividends can accelerate both income and total return over time.

Projected Future Returns & Dividends for CMI

Based on past 10-year performance, here are CMI growth metrics:

Share price CAGR of +18.34%
Dividend CAGR of +7.76%

Using CMI CAGR metrics, we can estimate that your initial $10,000 investment, over the next 10 years, should grow as follows:

CMI (DRIP)CMI (No DRIP)
Current Price$548.25$548.25
Start Shares18.2418.24
Start Value$10,000$10,000
After 10 years:
Final Share Count19.9618.24
Dividends Payment$16.89$16.89
Annual Dividends$335$308
Yield on cost3.35%3.08%
Share Price$2,951.99$2,951.99
Total Dividends$2,375$2,252
Final Value$58,911$56,095

Estimated Future Value + Dividends – CMI

Dividend History: Payments & Yield

Shows quarterly dividend payments with trailing yield and a 5-year rolling average overlay. Use the range pills to switch the visible period.

Yield Dividend

Dividend Growth

Lifetime quarterly dividend amounts, with range controls for 1Y/2Y/5Y/10Y. Useful to visualize the cadence and pace of dividend increases over time.

Dividend

Dividend Payments & Yield

Quarterly dividends with TTM yield and a 5‑year rolling average overlay. Helps compare current yield versus recent history across different ranges.

Dividend 5-yr Rolling AVG Yield

CMI Dividend History

Ex-Date Payment Date Amount TTM Yield Forward Yield Price on Ex-Date
02/20/202602/20/2026$2.001.32%1.35%$593.28
11/21/202511/21/2025$2.001.62%1.69%$472.51
08/22/202508/22/2025$2.001.85%1.99%$402.30
05/23/202505/23/2025$1.822.29%2.29%$317.23
02/21/202502/21/2025$1.821.95%1.98%$366.92
11/22/202411/22/2024$1.821.88%1.95%$372.62
08/23/202408/23/2024$1.822.22%2.35%$309.31
05/23/202405/23/2024$1.682.37%2.37%$283.90
02/22/202402/22/2024$1.682.51%2.56%$262.88
11/22/202311/22/2023$1.682.90%2.99%$224.51
08/24/202308/24/2023$1.682.77%2.91%$230.75
05/18/202305/18/2023$1.572.93%2.93%$214.65
02/23/202302/23/2023$1.572.49%2.54%$247.66
11/17/202211/17/2022$1.572.43%2.53%$248.38
08/18/202208/18/2022$1.572.57%2.73%$230.20
05/19/202205/19/2022$1.452.87%2.87%$201.88
02/17/202202/17/2022$1.452.61%2.65%$218.69
11/18/202111/18/2021$1.452.46%2.54%$228.10
08/19/202108/19/2021$1.452.38%2.51%$231.50
05/20/202105/20/2021$1.352.10%2.12%$255.17
02/18/202102/18/2021$1.352.20%2.23%$241.67
11/19/202011/19/2020$1.352.27%2.32%$233.14
08/20/202008/20/2020$1.312.51%2.51%$209.00
05/21/202005/21/2020$1.313.33%3.33%$157.55
02/20/202002/20/2020$1.313.04%3.14%$167.12
11/13/201911/13/2019$1.312.71%2.90%$180.69
08/20/201908/20/2019$1.313.24%3.59%$146.21
05/23/201905/23/2019$1.142.86%2.86%$159.25
02/21/201902/21/2019$1.142.92%2.96%$154.07
11/14/201811/14/2018$1.143.04%3.13%$145.84
08/21/201808/21/2018$1.143.01%3.14%$145.29
05/17/201805/17/2018$1.082.95%2.95%$146.36
02/22/201802/22/2018$1.082.55%2.59%$167.02
11/16/201711/16/2017$1.082.52%2.58%$167.13
08/16/201708/16/2017$1.082.69%2.80%$154.38
05/17/201705/17/2017$1.032.67%2.67%$153.31
02/22/201702/22/2017$1.032.66%2.69%$152.25
11/17/201611/17/2016$1.032.95%3.03%$135.43
08/18/201608/18/2016$1.033.13%3.25%$126.22
05/18/201605/18/2016$0.9753.52%3.52%$110.67
02/17/201602/17/2016$0.9753.80%4.00%$97.53
11/18/201511/18/2015$0.9753.57%3.97%$98.35
08/19/201508/19/2015$0.9752.60%3.06%$127.44
05/19/201505/19/2015$0.7802.22%2.22%$140.55
02/13/201502/13/2015$0.7802.13%2.24%$139.04
11/18/201411/18/2014$0.7801.94%2.15%$144.84
08/20/201408/20/2014$0.7801.80%2.12%$147.28
05/21/201405/21/2014$0.6251.68%1.68%$148.99
02/19/201402/19/2014$0.6251.70%1.79%$139.98
11/19/201311/19/2013$0.6251.73%1.92%$130.00
08/20/201308/20/2013$0.6251.72%2.02%$123.57
05/22/201305/22/2013$0.5001.70%1.70%$117.50
02/20/201302/20/2013$0.5001.65%1.74%$114.83
11/20/201211/20/2012$0.5001.84%2.04%$98.09
08/20/201208/20/2012$0.5001.66%1.95%$102.71
05/16/201205/16/2012$0.4001.59%1.59%$100.61
02/22/201202/22/2012$0.4001.20%1.31%$122.38
11/17/201111/17/2011$0.4001.40%1.69%$94.78
08/18/201108/18/2011$0.4001.43%1.92%$83.34
05/18/201105/18/2011$0.2630.97%0.97%$108.19
02/16/201102/16/2011$0.2630.87%0.95%$110.99
11/18/201011/18/2010$0.2630.93%1.12%$93.81
08/19/201008/19/2010$0.2630.97%1.29%$81.24
05/19/201005/19/2010$0.1751.02%1.02%$68.47
02/17/201002/17/2010$0.1751.24%1.24%$56.46
11/18/200911/18/2009$0.1751.45%1.45%$48.14
08/19/200908/19/2009$0.1751.57%1.57%$44.48
05/20/200905/20/2009$0.1752.13%2.13%$32.85
02/18/200902/18/2009$0.1752.92%3.15%$22.23
11/19/200811/19/2008$0.1753.05%3.56%$19.65
08/20/200808/20/2008$0.1750.81%1.04%$67.51
05/21/200805/21/2008$0.1250.72%0.72%$69.28
02/20/200802/20/2008$0.1250.88%0.95%$52.77
11/14/200711/14/2007$0.1250.72%0.84%$59.79
08/15/200708/15/2007$0.1250.73%0.93%$54.02
05/16/200705/16/2007$0.0900.81%0.81%$44.48
02/14/200702/14/2007$0.0900.95%1.00%$36.18
11/14/200611/14/2006$0.0901.09%1.19%$30.34
08/16/200608/16/2006$0.0901.05%1.20%$30.12
05/16/200605/16/2006$0.0751.07%1.07%$28.10
02/17/200602/17/2006$0.0751.15%1.15%$26.12
11/14/200511/14/2005$0.0751.38%1.38%$21.72
08/16/200508/16/2005$0.0751.43%1.43%$21.02
05/13/200505/13/2005$0.0751.87%1.87%$16.02
02/17/200502/17/2005$0.0751.65%1.65%$18.20
11/12/200411/12/2004$0.0751.57%1.57%$19.14
08/16/200408/16/2004$0.0751.79%1.79%$16.74
05/12/200405/12/2004$0.0752.21%2.21%$13.60
02/13/200402/13/2004$0.0752.32%2.32%$12.93
11/12/200311/12/2003$0.0752.11%2.60%$11.54
08/13/200308/13/2003$0.0752.03%2.50%$12.00
05/13/200305/13/2003$0.0753.23%3.97%$7.55
02/12/200302/12/2003$0.0194.07%1.25%$5.99
11/26/200211/26/2002$0.0754.04%4.04%$7.43
08/28/200208/28/2002$0.0753.96%3.96%$7.58
05/29/200205/29/2002$0.0753.17%3.17%$9.48
02/27/200202/27/2002$0.0752.85%2.85%$10.52
11/28/200111/28/2001$0.0753.36%3.36%$8.94
08/29/200108/29/2001$0.0753.06%3.06%$9.80
05/30/200105/30/2001$0.0752.88%2.88%$10.42
02/27/200102/27/2001$0.0753.19%3.19%$9.40
11/29/200011/29/2000$0.0753.52%3.52%$8.52
08/30/200008/30/2000$0.0753.40%3.40%$8.83
05/30/200005/30/2000$0.0753.56%3.63%$8.26
02/28/200002/28/2000$0.0753.42%3.57%$8.41
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Dividend Payout Ratio

Tracks the percentage of earnings paid out as dividends each quarter. Lower and stable ratios often indicate safer, more sustainable payouts.

Payout Ratio

Dividend to Free Cash Flow Ratio

Shows dividends as a percentage of free cash flow. Consistently high values may signal limited reinvestment capacity or potential dividend risk.

Dividend/FCF Ratio

Share Price

Historical closing price with range controls. Table view includes quarter‑over‑quarter and year‑over‑year changes for additional context.

CMI Price

Price to Earnings

CMI trades at a 116.1x price-to-earnings ratio. This elevated valuation suggests investors expect strong future growth.

Price to Sales

CMI trades at a 8.1x price-to-sales ratio, providing insight into market valuation relative to revenue generation.

Revenue

CMI generated $8.5B in revenue. Revenue has grown by 22% over the period.

Net Income

CMI reported $0.6B in net income.

Revenue vs Net Income

CMI generated $8.5B in revenue with net income of $0.6B, representing a 6.9% net profit margin.

Gross Profit

CMI achieved $6.8B in gross profit, showing revenue after direct production costs.

Operating Income

CMI generated $3.0B in operating income, representing profit from core business operations.

EBITDA

CMI generated $3.4B in EBITDA, measuring operational profitability before interest, taxes, depreciation, and amortization.

Operating Cash Flow

CMI generated $0.7B in operating cash flow, demonstrating the company’s ability to convert earnings into cash.

Free Cash Flow

CMI generated $0.4B in free cash flow.

Free Cash Flow / Share

CMI generates $2.77 in free cash flow per share.

Earnings Per Share (EPS)

CMI reported $4.29 in earnings per share.

Return on Equity (ROE)

CMI delivered a 5.8% return on equity, indicating how effectively the company generates returns for shareholders.

Return on Assets (ROA)

CMI achieved a 3.5% return on assets, measuring how efficiently the company uses its assets to generate profit.

Net Profit Margin

CMI maintains a 6.9% net profit margin, showing the percentage of revenue retained as profit after all expenses.

Gross Profit Margin

CMI operates with a 79.7% gross profit margin, reflecting pricing power and cost efficiency in core operations.

Cash & Debt

CMI holds $1.3B in cash against $0.4B in debt, resulting in a net cash position of $0.9B.

Shares Outstanding

CMI has 0.1B shares outstanding.

Stock-Based Comp

CMI reported $0.2B in stock-based compensation. Over the period, stock-based compensation has increased by 22%.

FCF vs Stock Based Comp

CMI generated $0.4B in free cash flow while spending $0.2B on stock-based compensation, representing 56% of FCF.

FCF vs FCF / Share

CMI reported $0.4B in free cash flow, translating to $2.77 per share.

Revenue: Actual + Estimates

This chart tracks CMI revenue: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

EPS: Actual + Estimates

This chart tracks CMI eps: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

Net Income: Actual + Estimates

This chart tracks CMI net income: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

EBITDA: Actual + Estimates

This chart tracks CMI ebitda: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

Disclaimer: The information on this page is for educational and entertainment purposes only and does not constitute financial advice. Do your own research and consult a qualified financial advisor before making investment decisions. Data sources include Yahoo Finance and other third-party providers and may contain errors or delays.

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