Cummins increases quarterly cash dividend

Cummins’ board of directors approved increasing the company’s quarterly cash dividend on common stock by about 25 percent Tuesday.

The dividend, which is payable on Sept. 2 to shareholders of record on Aug. 22, will increase from 62.5 cents per share to 78 cents per share.

“Cummins is demonstrating that we can produce strong returns for our shareholders, while continuing to invest in the future and meet our daily commitments to our customers with the best products and services that help them succeed,” said Tom Linebarger, Cummins chairman and chief executive officer.

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