Cummins Dividends Up 40%
(COLUMBUS) - Good news from Columbus diesel maker Cummins, at least to their stockholders.
Cummins says they have increased their stock dividend 40%, from $0.125 per share, up to $0.175.
This is the third dividend increase from Cummins since 2006, giving them the 9th best rating among the Fortune 500 companies.
And with interest in diesel power increasing as quickly as the price of gasoline, similar success in the future may not be out of the question for the engine company, despite the rocky road the rest of the economy is on.
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