Cummins, Inc. (Image: CMI) has been named a Prime Socially Accountable Dividend Inventory by Divide
Cummins, Inc. (Image: CMI) has been named a Prime Socially Accountable Dividend Inventory by Dividend Channel, signifying a inventory with above-average ”DividendRank” statistics together with a powerful 2.3% yield, in addition to being acknowledged by distinguished asset managers as being a socially accountable funding, by way of evaluation of social and environmental standards. Environmental standards embrace issues just like the environmental impression of the corporate’s services, in addition to the corporate’s effectivity when it comes to its use of vitality and assets. Social standards embrace components reminiscent of human rights, little one labor, company range, and the corporate’s impression on society — as an example, considered can be enterprise actions tied to weapons, playing, tobacco, and alcohol.
In keeping with the ETF Finder at ETF Channel, Cummins, Inc. is a member of each the iShares MSCI USA ESG Choose ETF (SUSA), making up 2.22% of the underlying holdings of the fund, in addition to the iShares MSCI KLD 400 Social Index Fund ETF (DSI), the place CMI makes up 0.20% of the underlying holdings of the fund.
The annualized dividend paid by Cummins, Inc. is $5.4/share, presently paid in quarterly installments, and its most up-to-date dividend ex-date was on 11/19/2020. Beneath is a long-term dividend historical past chart for CMI, which the DividendRank report harassed as being of key significance. Certainly, finding out an organization’s previous dividend historical past might be of excellent assist in judging whether or not the latest dividend is prone to proceed.
CMI operates within the Auto Elements sector, amongst corporations like Honeywell Worldwide Inc (HON), and Aptiv PLC (APTV).
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