Cummins Declares Common Stock Cash Dividend.Business Editors COLUMBUS, Ind.--(BUSINESS WIRE)--Oct. 10, 2000 The Board of Directors of Cummins Inc. (NYSE NYSE See: New York Stock Exchange :CUM) today declared a quarterly common stock cash dividend of 30 cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. , payable on December 15, 2000, to shareholders of record on December 1, 2000. Cummins, headquartered in Columbus, Ind., is the world's largest producer of diesel engines above 200 horsepower horsepower, unit of power in the English system of units. It is equal to 33,000 foot-pounds per minute or 550 foot-pounds per second or approximately 746 watts. . The company provides products for customers in markets worldwide for engines, power generation and filtration filtration: see sewerage; water supply. Filtration The separation of solid particles from a fluidsolids suspension of which they are a part by passage of most of the fluid through a septum or membrane that retains most of the solids . Cummins reported record sales of $6.6 billion in 1999. Press releases by FAX may be requested by calling News on Demand (toll free) at 888-329-2305. Cummins' home page on the Internet can be found at http://www.cummins.com. |
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