Cummins Inc. Increases Quarterly Dividend From $1.57 To $1.68/Share
Portfolio Pulse from Benzinga Newsdesk
Cummins Inc. has announced an increase in its quarterly dividend from $1.57 to $1.68 per share.
July 11, 2023 | 8:16 pm
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POSITIVE IMPACT
Cummins Inc. has increased its quarterly dividend, which could make the stock more attractive to income-focused investors.
Dividend increases are generally seen as a positive signal by the market, indicating that a company is confident in its future earnings. This could potentially attract more investors, driving up the demand and price of the stock.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100