Dividends

Upcoming ex-dividend dates, recent cuts and initiations across 10+ years of US dividend history.
Cummins (CMI) — Dividend Profile
Industrials·Industrial Machinery/Components
11y payment streak1y growth streakActiveQuarterly
Forward Yield
1.18%
@ $678.10
TTM Yield
1.18%
Forward Annual
$8.00
Quarterly
Market Cap
$94.2b
Payout (FCF)
44%
2.3x covered
Payout (Earnings)
37%
Latest Amount
$2.0000
Ex 2026-05-22
3y CAGR
-14.9%
5y CAGR
-6.5%
10y CAGR
2.8%
Next Ex-Date
Dividend Safety Forensics
Composite of six quantitative scores plus a 5-point yield-trap framework. Each axis contributes independently; the overall label is the aggregate.
Forensics: CleanYield Trap: Green0 of 6 red flags · 0 of 5 trap signals
Score breakdown
Altman Z (bankruptcy)
Distance from bankruptcy. Safe > 2.99, Distress < 1.81.
Safe (5.32)
Ohlson O (default prob)
Estimated 1-year probability of financial distress.
Elevated (26.6%)
Piotroski F-Score
Fundamental quality (9 binary criteria). 7+ strong, 3- weak.
7/9 (Moderate)
Beneish M (manipulation)
Detects accounting manipulation signals in earnings.
Clean
Dividend Safety (EQ)
Composite from payout ratio, FCF coverage, accrual quality.
Safe
FCF Coverage
Free cash flow divided by dividends. 2.0× = strong cushion.
2.53×
Yield-trap signals (5-point Benzinga framework)
Payout > 100%
Paying out more than it earns over TTM.
✓ OK
FCF coverage < 1.0×
Free cash flow doesn't fully cover the dividend.
✓ OK
Yield > 2× sector median
Yield well above peers — often a sign of price collapse, not premium income.
✓ OK
High leverage (D/E > 2)
Debt-to-equity above 2× — limits flexibility if cash flow dips.
✓ OK
6m return < -25%
Current 6m return: +32.8%
✓ OK
Dividend Capture Stats
Measures how this stock has historically behaved around its ex-dividend dates over the last 10 years. Pre-tax, pre-commission, before-slippage. Based on 24 settled events.
Median Ex-Date Drop
-0.76%
Pre-close → ex-close. Clean ex-dates drop by ~the dividend amount.
Recovery Rate
88%
21 of 24 events recovered within 90 days
Median Recovery Time
4 days
3 – 8 days IQR
Avg Capture Yield
0.61%
Per-cycle return when capture succeeds
Disclaimer: Historical capture statistics are descriptive, not predictive. Past recovery patterns don’t guarantee future ones. The "naive capture" math also ignores taxes (qualified-dividend treatment vs. short-term gains can swing outcomes significantly).
Annual dividends per share
Sum of recurring per-share payments per calendar year. Current year is partial.
Cumulative per-share payments
Full dividend history (39)
Ex-DateAmountFrequencyPay DateType
2026-05-22$2.0000Quarterly2026-06-04recurring
2026-02-20$2.0000Quarterly2026-03-05recurring
2025-11-21$2.0000Quarterly2025-12-04recurring
2025-08-22$2.0000Quarterly2025-09-04recurring
2025-05-23$1.8200Quarterly2025-06-05recurring
2025-02-21$1.8200Quarterly2025-03-06recurring
2024-08-23$1.8200Quarterly2024-09-05recurring
2024-05-23$1.6800Quarterly2024-06-06recurring
2024-02-22$1.6800Quarterly2024-03-07recurring
2023-11-22$1.6800Quarterly2023-12-07recurring
2023-08-24$1.6800Quarterly2023-09-07recurring
2023-05-18$1.5700Quarterly2023-06-01recurring
2023-02-23$1.5700Quarterly2023-03-09recurring
2022-11-17$1.5700Quarterly2022-12-01recurring
2022-08-18$1.5700Quarterly2022-09-01recurring
2022-05-19$1.4500Quarterly2022-06-02recurring
2022-02-17$1.4500Quarterly2022-03-03recurring
2021-11-18$1.4500Quarterly2021-12-02recurring
2021-08-19$1.4500Quarterly2021-09-02recurring
2021-05-20$1.3500Quarterly2021-06-03recurring
2021-02-18$1.3500Quarterly2021-03-04recurring
2020-11-19$1.3500Quarterly2020-12-03recurring
2020-08-20$1.3110Quarterly2020-09-03recurring
2020-05-21$1.3110Quarterly2020-06-04recurring
2020-02-20$1.3110Quarterly2020-03-05recurring
2019-11-13$1.3110Quarterly2019-12-02recurring
2019-08-20$1.3110Quarterly2019-09-03recurring
2019-02-21$1.1400Quarterly2019-03-07recurring
2018-11-14$1.1400Quarterly2018-12-03recurring
2018-08-21$1.1400Quarterly2018-09-04recurring
2018-05-17$1.0800Quarterly2018-06-01recurring
2018-02-22$1.0800Quarterly2018-03-08recurring
2017-11-16$1.0800Quarterly2017-12-01recurring
2017-08-16$1.0800Quarterly2017-09-01recurring
2017-05-17$1.0250Quarterly2017-06-01recurring
2017-02-22$1.0250Quarterly2017-03-06recurring
2016-11-17$1.0250Quarterly2016-12-01recurring
2016-08-18$1.0250Quarterly2016-09-01recurring
2016-05-18$0.9750Quarterly2016-06-01recurring