Cummins (CMI) Hikes Dividend: Should You Invest in the Stock?
Cummins(CMI) ZACKS·2024-07-11 19:47
Reasonable debt levels and solid operational efficiency allow management to return value to shareholders. Cummins returned $921 million to shareholders via dividends last year. Cummins is aggressively advancing in electrification, fuel cell and hydrogen production technologies, demonstrated by its HELM platform and next-gen diesel engines meeting 2027 regulations. With a $500 million electrolyzer backlog and facility expansions, the company is poised to capitalize on the rising clean energy demand. Lower tr ...