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ResolvedStocks

Cummins Hikes Dividend by 10%, Extending Growth Streak to 17 Years

First Detected: Jul 13, 2026, 8:46 PM
Last Update: about 2 months ago
9 articles·3 stories

Event Summary

Cummins Inc. increased its quarterly cash dividend by 10% to $2.20 per share, marking its 17th consecutive year of dividend growth. The company reported strong financial results with $6.15 EPS and $8.40 billion in revenue. During this period, institutional investor activity was mixed; Morgan Dempsey Capital Management reduced its stake by 12%, while KBC Group increased its holdings in Cummins by 8.5% to $47.4 million amid broader portfolio adjustments.

Timeline

KBC Group Rebalances US Portfolio with Shifts to Energy and Industrials
Jul 21, 2026, 10:15 AMImpact: 4
Morgan Dempsey Trims Cummins Stake Despite Strong Earnings Beat and Dividend Hike
Jul 19, 2026, 10:45 AMImpact: 4
Cummins Hikes Dividend by 10%, Extending Growth Streak to 17 Years
Jul 13, 2026, 8:46 PMImpact: 4

Price Impact

Since event start
CMI-15.88%
EOG+4.34%
WFC+1.73%
JNJ+4.30%