CMI Dividend Calculator
Calculate how much dividend income Cummins Inc. (CMI) could generate with reinvestment. Pre-loaded with CMI's current 1.46% yield and 6.4% dividend growth rate.
Dividend Yield: 1.46%
Annual Dividend: $8.20 per share
Share Price: $560.75
Payout Ratio: 40.7%
CMI DRIP Calculator
Model CMI dividend reinvestment with customizable yield, growth rate, contribution, and time horizon. Compare DRIP vs no-DRIP returns and see year-by-year projection tables.
5-Year Dividend Growth Rate (CAGR): 6.4% per year
What If You Invested $1,000 in CMI 10 Years Ago?
A $1,000 investment in CMI on 2016-09-30 would be worth $5,647.69 today with dividends reinvested (DRIP), a total return of 464.8%.
Without reinvesting, the total portfolio value (shares plus cash dividends) would be $4,834.88 (383.5% return). Reinvesting dividends added $812.81 in extra value.
Starting share price: $128.15 — Current share price: $560.75
Frequently Asked Questions
- What is CMI's current dividend yield?
- CMI (Cummins Inc.) currently has a dividend yield of 1.46%. This means for every $10,000 invested, you would receive approximately $146 per year in dividend income before taxes.
- How much CMI do I need to make $1,000 per month in dividends?
- To earn $1,000 per month ($12,000/year) from CMI at its current yield of 1.46%, you would need approximately $821,918 invested. With dividend reinvestment and growth, you may need less over time.
- Does CMI pay monthly dividends?
- No, CMI pays dividends quarterly (4 times per year). You can build monthly income by combining it with other stocks that pay in different months.
- Is CMI's dividend safe?
- CMI's payout ratio is 40.7%, which is generally considered safe. The company retains enough earnings to sustain and potentially grow its dividend.
- What is CMI's dividend growth rate?
- CMI's 5-year dividend compound annual growth rate (CAGR) is approximately 6.4% per year. This growth rate is pre-loaded into the calculator above to give you a realistic projection.
- What would $1,000 invested in CMI 10 years ago be worth today?
- A $1,000 investment in CMI on 2016-09-30 would be worth approximately $5,647.69 today with dividends reinvested (DRIP), a 464.8% total return. Without reinvesting, the total portfolio value (shares plus accumulated cash dividends) would be $4,834.88 — meaning DRIP added $812.81 in extra value.
See full dividend history and analysis on the CMI dividend page.