Cummins Stock To Go Ex-dividend Tomorrow (CMI)

NEW YORK ( TheStreet) -- The ex-dividend date for Cummins (NYSE: CMI) is tomorrow, February 19, 2014. Owners of shares as of market close today will be eligible for a dividend of 62 cents per share. At a price of $142.86 as of 9:50 a.m. ET, the dividend yield is 1.8%.

The average volume for Cummins has been 1.4 million shares per day over the past 30 days. Cummins has a market cap of $26.63 billion and is part of the industrial goods sector and industrial industry. Shares are up 0.8% year to date as of the close of trading on Friday.

Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, and engine-related component products. It operates in four segments: Engine, Components, Power Generation, and Distribution.

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TheStreet Ratings rates Cummins as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, increase in stock price during the past year, increase in net income and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Cummins Ratings Report.

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