Cummins declares USD 2.20 dividend for Cummins stock

Published on 10/15/2026 at 10:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Citi lowered its target from USD 790.00 to USD 630.00 on October 12, 2026. Cummins stock costs EUR 467.55 on October 15, 2026.

Dividend and valuation signals

Cummins declared a quarterly dividend of USD 2.20 on October 13, 2026.
Citi cut its target from USD 790.00 to USD 630.00 on October 12, 2026.
Cummins stock traded at EUR 467.55 at 10:00 a.m. CEST at Lang & Schwarz on October 15, 2026.

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Cummins Inc. (ISIN US2310211063) was trading at EUR 467.55 at Lang & Schwarz on October 15, 2026, at 10:00 a.m. CEST. The latest company catalyst was a quarterly dividend declaration, while Citi reduced its price target to USD 630.00.

Dividend sets the latest signal

Business Wire reported on October 13, 2026, that Cummins declared a quarterly common stock dividend of USD 2.20 per share. The payment is scheduled for December 3, 2026, for shareholders of record on November 20, 2026.

The dividend announcement followed a valuation reset from Citi. According to Markets Insider on October 12, 2026, Citi lowered its target from USD 790.00 to USD 630.00 while retaining a Buy rating.

Three dated signals for Cummins

Financial Report Insights described second-quarter 2026 results on September 25, 2026, with revenue of USD 9.46 billion, up 9.40 percent year over year. Citi's October 12 target cut came next, moving from USD 790.00 to USD 630.00. Cummins then declared the USD 2.20 quarterly dividend on October 13.

What dates matter next?

The next cash distribution is scheduled for December 3, 2026, with November 20, 2026 as the shareholder record date. Cummins is also expected to report third-quarter 2026 results on November 5, 2026, according to MarketBeat.

Stock valuation stays in view

Cummins operates in industrial machinery and is listed on the NYSE under ticker CMI. Its second-quarter revenue of USD 9.46 billion provides a current operating reference, while the Citi target change gives investors a separate measure of how valuation expectations shifted in October.

Cummins stock was trading at EUR 467.55 at Lang & Schwarz on October 15, 2026, at 10:00 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Cummins stock.