10-12% Annual Returns? Why Cummins Could Be Your Next Dividend Champion
CMICummins(CMI) Seeking Alpha·2024-06-10 11:23

jetcityimage Introduction Building a business is tough. Building a stock-listed company with consistent dividend growth and double-digit annual returns is even harder. Doing this in a cyclical industry takes things to a whole new level. Essentially, there are three major machinery companies on my radar that have done this: Deere & Company (DE). Caterpillar (CAT). Cummins (NYSE:CMI), the star of this article. Since January 2004, CMI shares have returned 17.6% annually! This includes the Great Financial Crisi ...