Cummins Inc. Declares Quarterly Common Stock Dividend
COLUMBUS, Ind., Oct 20, 2009 (BUSINESS WIRE) --
Companies: Cummins, Inc. (CMI),
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.
Cummins Inc. Mark Land, 317-610-2456 Executive Director -- Corporate Communications mark.d.land@cummins.com
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Companies: Cummins, Inc. (CMI),
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