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CMI Cummins Inc.

Engines and aftermarket services diversify industrial dividend sources. Truck cycles, emissions costs and technology transition affect cash flows.

Q-score estimate14.5#56 of 100 assessed stocks

Market capitalization and payout ratio contribute the most. Dividend yield is the largest constraint. Independent estimate from dated inputs, not a publisher Q-score.

Hypothetical investment

Growth of $10,000

Dividends reinvested · no additional contributions

CMI would be worth$26,9505-year growth · as of Sep 18, 2026
S&P 500 (SPY)$18,763Same $10,000 · same dates
Total gain / loss+$16,950+169.5% total return
CMIS&P 500 (SPY)
Sep 20, 2021 · $10,000 investedSep 18, 2026

Based on adjusted market prices through the latest available completed session, before personal taxes and trading costs.

Checking the latest completed session…

Market performance

Total return

Price movement plus reinvested distributions, compared with SPY.

+169.5% over 5 years
1 YEAR TOTAL RETURN+26.6%
Price93% of return+24.8%
Dividend7% of return+1.8%
#24 return rank · 100 peers
5 YEARS TOTAL RETURN+169.5%+22.0% / yr annualized
Price83% of return+140.3%
Dividend17% of return+29.2%
#11 return rank · 99 peers

Dividend includes all distributions and reinvestment.

Sep 20, 2021Sep 18, 2026
Total return+169.50%
S&P 500 (SPY)+87.63%
Annualized return+21.96%
Largest drawdown-30.48%
Transparent factor breakdown

Why the Q-score estimate is 14.5

Each rank compares this stock with the 100 assessed stocks in the Nanalyze collection.

Official framework
Years increasing dividends1.7
#99 of 100

17 reported increase years. Years / 10, capped at 5 points.

Market capitalization3.7
#40 of 100

$72.05 billion. 2 × log10(market cap in USD billions), limited to 0–5 points.

Dividend yield0.4
#65 of 100

1.68%. 2 × (yield % − 1.5), limited to −2–5 points.

Payout ratio3.0
#41 of 100

44.98%. (90 − payout %) / 15, limited to −2–5 points. Zero or negative payout receives −2 rather than a false coverage reward.

International sales2.5
#31 of 100

43.65% source geographic share. At most 25%: −1 point; above 25% through 50%: 2.5; above 50%: 5. A verified upper bound is usable only when entirely within the lowest band.

5-year dividend growth1.2
#28 of 100

8.70%. (5-year growth % − 5) / 3, limited to −2–5 points.

10-year dividend growth2.0
#37 of 100

7.94%. (10-year growth % − 4) / 2, limited to −2–5 points.

Independent estimate · assessed October 10, 2026. All 100 research stocks use the same rules. Each component is rounded to one decimal before summing; equal totals share a rank. These scores are not Nanalyze’s published Q-scores. Full method

Supplemental issuer and market research; reviewed 2026-10-10; financial periods vary by input.

Market cap and yield/payout are October 9, 2026 provider observations (the dividend page was captured intraday). The issuer states 17 consecutive quarterly dividend increase years; the provider annual-payment count is 20. The issuer count is used.

Geography uses FY2025 reported sales: ($33,670m total minus $18,974m US) / $33,670m. Unlike the issuer regional headline, this includes Canada outside the US.

Dividend rate CAGR uses quarterly rates of $2.20 (July 2026), $1.45 (July 2021), and $1.025 (July 2016).

Income Lens research candidate

Why it is in this section

Engines and aftermarket services diversify industrial dividend sources.

What to investigate

Truck cycles, emissions costs and technology transition affect cash flows.

Independent selection; creator ownership or endorsement has not been verified. SDY uses a broader 20-year dividend-increase screen; this does not establish a 25-year record. Q-score not assessed.

SDY issuer holdingsRead the philosophy research