Cummins Inc. (CMI)

Price*: $20.58 | Dividend: $0.70 | Dividend Yield: 3.40%

Recommendation Info
We downgraded this stock from the "Recommended" list on 9/3/08, at a price of 61.72.

Dividend Stock Ratings Breakdown

1. Relative Strength

Stock is slightly underperforming.

2. Overall Yield Attractiveness

Stock's dividend yield is unattractive.

3. Dividend Reliability

This rating is directly related to the length and consistency of a company's dividend payouts.

4. Dividend Uptrend

Dividend payouts are consistent, but increases small.

5. Earnings Growth

Earnings estimates have been cut slightly.

Price and Dividend Info

Cummins Inc. (CMI)

Previous Day's Closing Price*

$20.58

Annual Stock Dividend

$0.70

Current Dividend Yield

3.40%

Recent Headlines

Cummins Inc. Gets Hit Hard By Auto Sales Decline (CMI)
Fri, Oct 31, 2008
Dividend Stock Recommendation Changes (FLS, MCHP, EPD, VMI, CMI, JBL, ARG)
Wed, Sep 3, 2008
Cummins Engine is Humming (CMI)
Wed, Jul 30, 2008
Cummins Engine Revs up a 40% Dividend Increase (CMI)
Tue, Jul 8, 2008

Profile & Recommendation

Company Profile

Cummins Engine-(CMI)-manufactures, distributes, and services diesel and natural gas engines, electric power generation systems, and engine-related component products worldwide. The company operates through four segments: Engine, Power Generation, Components, and Distribution. The company was founded in 1919 and is headquartered in Columbus, Indiana.

Recommendation

Based on our rating criteria, this stock has achieved a "Neutral" rating. Stocks with a neutral rating are considered mediocre investments in terms of expected price growth and dividend payments.

Stock Notes

This large cap stock is not an attractive dividend stock investment at this time.

* Stock price reflects previous day's closing price. All stock quotes on this website should be considered as having a 24-hour delay.

** Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. The author is not registered as an investment adviser. The author may or may not hold positions in the securities mentioned in this article or video. The author relies upon the "publisher's exclusion" from the definition of "investment adviser" as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws.