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Cummins Inc. (CMI) Ex-Dividend Date Scheduled for November 19, 2013
By: NASDAQ.com News
Cummins Inc. ( CMI ) will begin trading ex-dividend on November 19, 2013. A cash dividend payment of $0.625 per share is scheduled to be paid on December 02, 2013. Shareholders who purchased CMI stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 25% increase over the same period a year ago. At the current stock price of $132.04, the dividend yield is 1.89%.
The previous trading day's last sale of CMI was $132.04, representing a -5.12% decrease from the 52 week high of $139.17 and a 39.95% increase over the 52 week low of $94.35.
CMI is a part of the Energy sector, which includes companies such as Danaher Corporation ( DHR ) and ASML Holding N.V. ( ASML ). CMI's current earnings per share, an indicator of a company's profitability, is $7.61. Zacks Investment Research reports CMI's forecasted earnings growth in 2013 as -9.74%, compared to an industry average of -6.4%.