Dividend Growth Investment for July 17th
I wanted to let you know that I added to my existing position in Cummins (CMI). Cummins is a dividend achiever with an 18 year track record of annual dividend increases, and a 5 year annualized dividend growth rate of 7.50%.
The company increased dividends just last week. It hiked quarterly dividends by 7% to $1.68/share.
The stock sells fo…
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