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Cummins Board Declares Dividend

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Cummins Board of Directors declared a quarterly common stock cash dividend Wednesday (May 13).

The diesel and natural gas engine manufacturer declared a dividend of 78 cents per share, payable on June 1 to shareholders of record on May 21.

Cummins earned $1.65 billion on sales of $19.2 billion in 2014. In the first quarter of 2015, the company reported revenue of $4.7 billion, an increase of 7 percent from the same quarter in 2014.

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