Cummins Stock News

OSLO, Norway , Oct. 30, 2024 /PRNewswire/ -- Hexagon Agility, a subsidiary of Hexagon Composites ASA (OSE: HEX.OL) and the world's leading provider of (renewable) natural gas (RNG/CNG) fuel systems, has announced a new wave of orders valued at USD 4.3 million. These orders are for RNG/CNG fuel system installations in trucks powered by Cummins' X15N natural gas engine, designed specifically for ...

COLUMBUS, Ind.--(BUSINESS WIRE)--The Board of Directors of Cummins Inc. (NYSE: CMI) today declared a quarterly common stock cash dividend of 1.82 dollars per share. The dividend is payable on December 5, 2024, to shareholders of record on November 22, 2024. About Cummins Inc. Cummins Inc., a global power solutions leader, is comprised of five business segments – Components, Engine, Distribution...

Cummins (NYSE: CMI) stock price has done well over the years. Most recently, it has risen in the past four consecutive months, reaching a record high of $338, and bringing its market cap to over $42 billion.

SACRAMENTO, Calif.--(BUSINESS WIRE)-- #agencyacquisition--Inszone Insurance Services, a rapidly growing national provider of commercial, personal, and benefits insurance, is pleased to announce its acquisition of Cummins Insurance, a respected agency with deep roots in the insurance industry. Cummins Insurance was originally founded in 1972 by Glen Cummins. Over the years, Glen's children—Debbi...

Cummins Inc. is a global leader in industrial power systems, focusing on diesel, natural gas, electric, and hybrid powertrains, with a strong technical superiority. CMI's strategy involves leveraging its fossil fuel-based business to fund its transition to zero-emission technologies, aiming for a $100 billion market by FY2030. Despite legal disputes and cyclical market challenges, CMI maintains...

Cummins Inc is a leader in engine and power generation manufacturing, has shown consistent financial performance, growing at a CAGR of 13.6% since the Financial Crisis. Q2'24 results were strong, with revenue and EPS beating estimates, highlighting resilience despite industry headwinds, especially in the trucking sector. I think Cummins is well-positioned for future growth due to emissions regu...

Shares of Cummins have rallied in the last three months as the S&P 500 has been flat. The company's revenue climbed to a record in the second quarter, and diluted EPS grew as well. CMI's balance sheet strength remains sufficient to support an A credit rating from S&P.

Investing in dividend stocks allows you to earn dividend income, the best passive income stream. In August, we (my wife and I) received a dividend income total of $1,415.47. 2023 was up 24%. Eight months down in 2024 and the S&P 500 is still up 14%, despite the recent sell-offs. Unemployment is starting to tick up recently.