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Cummins Inc. (CMI) Ex-Dividend Date Scheduled for August 20, 2013

Author : Date : 2013-8-20 15:27:51

Cummins Inc. ( CMI ) will begin trading ex-dividend on August 20, 2013. A cash dividend payment of $0.625 per share is scheduled to be paid on September 03, 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 prior quarter. At the current stock price of $124.94, the dividend yield is 2%.

The previous trading day's last sale of CMI was $124.94, representing a -2.62% decrease from the 52 week high of $128.30 and a 45.48% increase over the 52 week low of $85.88.

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 $7.57. Zacks Investment Research reports CMI's forecasted earnings growth in 2013 as -5.67%, compared to an industry average of -6.5%.