Cummins Inc. (CMI) Yield on Cost (YOC): 1.27%
The yield on cost (YOC) for Cummins Inc. (CMI) is 1.27%.
CMI Yield on Cost (YOC) Metrics
YIELD ON COST (YOC)
1.27%
Yield on Cost for CMI
CMI now pays $8.00 per share a year. Measured against the price it actually traded at back then, a long-term holder is earning:
| If you bought | Price then | Yield on cost today |
|---|---|---|
| 10 years ago(2016-06-08) | $118.87 | 6.73% |
| 5 years ago(2021-06-04) | $264.22 | 3.03% |
| 3 years ago(2023-06-06) | $222.85 | 3.59% |
| 1 year ago(2025-06-10) | $326.99 | 2.45% |
| Buying today(at $630.52) | $630.52 | 1.27% |
If you buy today and the dividend keeps growing
Projection: starting from today's 1.27% yield, assuming the dividend keeps compounding at its historical 7.7% rate. Boards set dividends each year, so actual figures will differ.
Today
1.27%
In 3 years
1.73%
In 5 years
2.13%
In 10 years
3.57%
Yield on Cost Calculator
Try your own purchase price, dividend and growth rate for Cummins Inc. (CMI).
Starting Yield
1.27%
Ending YOC
3.84%
Year 15 Dividend
$24.21
Cum. Dividends Recd.
$227.76
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $8.00 | — | 1.27% | $0.00 |
| Year 1 | $8.61 | +7.66% | 1.37% | $8.61 |
| Year 2 | $9.27 | +7.66% | 1.47% | $17.89 |
| Year 3 | $9.98 | +7.66% | 1.58% | $27.87 |
| Year 4 | $10.75 | +7.66% | 1.70% | $38.62 |
| Year 5 | $11.57 | +7.66% | 1.84% | $50.19 |
| Year 6 | $12.46 | +7.66% | 1.98% | $62.64 |
| Year 7 | $13.41 | +7.66% | 2.13% | $76.05 |
| Year 8 | $14.44 | +7.66% | 2.29% | $90.49 |
| Year 9 | $15.54 | +7.66% | 2.47% | $106.04 |
| Year 10 | $16.74 | +7.66% | 2.65% | $122.77 |
| Year 11 | $18.02 | +7.66% | 2.86% | $140.79 |
| Year 12 | $19.40 | +7.66% | 3.08% | $160.19 |
| Year 13 | $20.88 | +7.66% | 3.31% | $181.07 |
| Year 14 | $22.48 | +7.66% | 3.57% | $203.55 |
| Year 15 | $24.21 | +7.66% | 3.84% | $227.76 |
Cummins Inc. Yield on Cost (YOC) Formula & Definition
Yield on cost is the dividend yield measured against your original purchase price, not today's price. As a company raises its dividend, the yield on what you actually paid keeps rising even when the market yield holds steady.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Cummins Inc. Yield on Cost (YOC) FAQ
- What is the yield on cost (YOC) for Cummins Inc. (CMI)?
- The yield on cost (YOC) for CMI stock is 1.27%.
About Cummins Inc.
Cummins Inc. is a global innovator in power solutions, responsible for the design, manufacturing, distribution, and maintenance of a broad array of diesel and natural gas engines, alongside cutting-edge electric and hybrid powertrains, and associated components. Its operations are strategically divided into five segments: Engine, Distribution, Components, Power Systems, and New Power. The company's extensive engine portfolio, available under the Cummins brand and others, powers a vast range of heavy and medium-duty applications, including commercial trucks, buses, recreational vehicles, light-duty automobiles, construction and mining equipment, marine vessels, railway systems, oil and gas operations, defense, and agriculture. Complementing these engines, Cummins provides both new and remanufactured parts and comprehensive servicing. Beyond its core engine offerings, Cummins delivers sophisticated power generation systems, high-horsepower engines, and specialized application engineering. It also offers custom-designed assemblies, retail and wholesale aftermarket components, and expert repair services conducted both in-shop and on-site. The company's technological scope extends to emission control solutions, turbochargers, a variety of filtration systems (for air, fuel, lubricants, and hydraulics), coolants, fuel additives, and advanced electronic control modules, sensors, and supporting software. Fuel systems, both new and reconditioned, are also a key part of their product line, as are automated transmissions. For electrical power generation, Cummins provides standby and primary power generators, complete with controls, paralleling systems, and transfer switches, featuring products like Stamford and AVK A/C alternators. Embracing future energy demands, the company is a frontrunner in electrified power systems, encompassing battery technologies, fuel cells, and hydrogen production. This includes a robust offering of filtration, aftertreatment, control, air handling systems, automated transmissions, electric power generation, and battery solutions. Cummins distributes its diverse product range to original equipment manufacturers, an extensive network of distributors and dealers, and various other clientele worldwide. Founded in 1919 as the Cummins Engine Company, the enterprise adopted its current name, Cummins Inc., in 2001 and maintains its headquarters in Columbus, Indiana.
- Sector
- Industrials
- Industry
- Industrial - Machinery
- CEO
- Jennifer W. Rumsey