Cummins Inc. Declares Quarterly Common Stock Dividend
COLUMBUS, Ind.--(BUSINESS WIRE)-- The Board of Directors of Cummins Inc. (NYSE:CMI) today declared a quarterly common stock cash dividend of 17.5 cents per share, payable Dec. 1, 2009 to shareholders of record on Nov. 20, 2009.
About Cummins
Cummins Inc., a global power leader, is a
corporation of complementary business units that design, manufacture,
distribute and service engines and related technologies, including fuel
systems, controls, air handling, filtration, emission solutions and
electrical power generation systems. Headquartered in Columbus, Indiana,
(USA) Cummins serves customers in more than 160 countries through its
network of 550 Company-owned and independent distributor facilities and
more than 5,000 dealer locations. Cummins reported net income of $755
million on sales of $14.3 billion in 2008. Press releases can be found
on the Web at www.cummins.com.
Forward-look statements disclosure
Information provided in
this release that is not purely historical are forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995, including statements regarding the company's
expectations, hopes, beliefs and intentions on strategies regarding the
future. It is important to note that the company's actual future results
could differ materially from those projected in such forward-looking
statements because of a number of factors, including, but not limited
to, general economic, business and financing conditions, labor
relations, governmental action, competitor pricing activity, expense
volatility and other risks detailed from time to time in Cummins
Securities and Exchange Commission filings.
Source: Cummins Inc.
Released October 20, 2009