CMI – Dividend Returns, History & Calculator

Dividend Contender 20 Years

Cummins Inc. offers various power solutions worldwide. It operates through five segments: Engine, Distribution, Components, Power Systems, and Accelera. The company 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 $58,337.2M

Price Data

Price $423.39
Price Change +6.74
Price Change % +1.62%
Next Earnings Nov 6, 2025
Low (52W) $260.02
High (52W) $440.51

Dividend Data

Div Yield 188.95%
5Y Avg Yield 247.45%
Current Div $2.000
Payouts/Year 4
Annualized $8.000
Previous Div $1.820
Ex-Date Aug 22, 2025

Growth Rates

Chowder Number 9.2
DGR 1Y 8.7%
DGR 3Y 8.0%
DGR 5Y 7.3%
DGR 10Y 8.4%

Total Returns

TTR 1Y - With Specials 31.7%
TTR 3Y - With Specials 28.4%
TTR 1Y - No Specials 31.7%
TTR 3Y - No Specials 28.4%

Fair Value

Fair Value (P/E 10) $210.49
FV (P/E 10) % 101.0%
Fair Value (Peter Lynch) $106.70
FV (Peter Lynch) % 297.0%
Fair Value (Blended) $227.41
FV (Blended) % 86.0%

Financial Metrics

Revenue 1Y 0.1%
NPM 8.7%
CF/Share $20.64
ROE 26.2%
Current R 1.6x
Debt/Capital 38.0%
ROTC 17.8%
P/E 19.8x
P/BV 5.0x
PEG 1.55
📊 Financial data last updated: October 16, 2025 9:56 am

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: October 16, 2025 5:06 pm

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

YearStart BalanceStart SharesShare PriceDividend / ShareDividend YieldYield on CostAnnual DividendTotal DividendsEnd SharesEnd Balance
1$10,00024$420.77$2.001.90%1.90%$206$20627$11,406
2$13,05327$481.55$2.151.79%2.04%$248$45430$14,501
3$16,59630$551.11$2.311.68%2.20%$293$74633$18,089
4$20,70233$630.72$2.481.57%2.36%$340$1,08635$22,241
5$25,45435$721.84$2.671.48%2.53%$389$1,47537$27,043
6$30,95037$826.11$2.861.39%2.72%$442$1,91739$32,592
7$37,30039$945.44$3.081.30%2.93%$498$2,41541$38,998
8$44,63141$1,082.02$3.311.22%3.14%$557$2,97243$46,389
9$53,09043$1,238.32$3.551.15%3.38%$621$3,59344$54,910
10$62,84244$1,417.20$3.821.08%3.63%$688$4,28146$64,731

CMI Dividend History

Ex-Date Payment Date Amount TTM Yield Forward Yield Price on Ex-Date
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
Page 1 of 1

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 18.8% CAGR, representing strong 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 $73,271 with DRIP (632.7%), and $60,606 without DRIP (506.1%).

CMI Dividend Reinvestment Snowball

Investing $10,000 + $100/mo in CMI with historic price growth (14.45%) 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: $323,692

Annual Dividend: $1,743

Yield on Cost: 5.13%

Total Dividends: $15,532

No DRIP

Portfolio: $286,207

Total Dividends: $13,676

After 30 Years

Your Investment: $46,000

With DRIP

Portfolio: $1,322,549

Annual Dividend: $3,789

Yield on Cost: 8.24%

Total Dividends: $41,047

No DRIP

Portfolio: $1,110,773

Total Dividends: $34,725

Milestones on the way

By year 13, the compounding really starts to show. Your total dividends collected reach $6,612 against a total investment of $25,600. At this point, your portfolio is throwing off $962 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 $1,362, a powerful “income on autopilot” milestone.

After two decades, cumulative dividends total $15,532 versus $34,000 invested, nearly a 46% recovery of capital purely from income. Yield on cost reaches 5.13%.

At year 25, the income engine takes over. The portfolio’s annual dividend of $2,586 is greater than total contributions to date ($40,000), and cumulative dividends exceed $25,849.

By year 30, the DRIP snowball is in full force. Yearly income reaches $3,789, cumulative dividends total $41,047, and the DRIP portfolio value stands at $1,322,549, compared with $1,110,773 if dividends weren’t reinvested.

How we estimate these numbers

We use the latest calculator inputs for CMI, price $420.77, dividend per period $2.00 (4×/year), along with historic growth assumptions: price growth 14.45% 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 +17.42%
Dividend CAGR of +8.45%

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$419.96$419.96
Start Shares23.8123.81
Start Value$10,000$10,000
After 10 years:
Final Share Count26.9923.81
Dividends Payment$18.00$18.00
Annual Dividends$482$429
Yield on cost4.82%4.29%
Share Price$2,091.77$2,091.77
Total Dividends$3,291$3,057
Final Value$56,466$52,866

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
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
Page 1 of 1

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 45.5x price-to-earnings ratio. This elevated valuation suggests investors expect strong future growth.

Price to Sales

CMI trades at a 4.7x price-to-sales ratio, providing insight into market valuation relative to revenue generation.

Revenue

CMI generated $8.6B in revenue. Revenue has grown by 44% over the period.

Net Income

CMI reported $0.9B in net income. Net income has grown by 67% over the period.

Revenue vs Net Income

CMI generated $8.6B in revenue with net income of $0.9B, representing a 10.3% net profit margin.

Gross Profit

CMI achieved $6.9B 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 $3.5B in EBITDA, measuring operational profitability before interest, taxes, depreciation, and amortization.

Operating Cash Flow

CMI generated $1.0B in operating cash flow, demonstrating the company’s ability to convert earnings into cash.

Free Cash Flow

CMI generated $0.7B in free cash flow. Free cash flow has increased by 79% over the period.

Free Cash Flow / Share

CMI generates $5.23 in free cash flow per share. FCF per share has grown by 79% over the period.

Earnings Per Share (EPS)

CMI reported $6.46 in earnings per share. EPS has grown by 67% over the period.

Return on Equity (ROE)

CMI delivered a 8.6% return on equity, indicating how effectively the company generates returns for shareholders.

Return on Assets (ROA)

CMI achieved a 5.2% return on assets, measuring how efficiently the company uses its assets to generate profit.

Net Profit Margin

CMI maintains a 10.3% net profit margin, showing the percentage of revenue retained as profit after all expenses.

Gross Profit Margin

CMI operates with a 76.9% 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 44%.

FCF vs Stock Based Comp

CMI generated $0.7B in free cash flow while spending $0.2B on stock-based compensation, representing 30% of FCF.

FCF vs FCF / Share

CMI reported $0.7B in free cash flow, translating to $5.23 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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