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4 Dividend Stocks With Strong Buy Ratings and Over $1 Dividend & 2% Yield

Ex-Dividend Dates This Week

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#1 Cummins Inc. (CMI)

Price Target: $332.25

Change 1W: -1.47% | Change 1M: +7.58%

Market Cap: $49.52B

Last Dividend Amount: $1.82

Expected Ex-Dividend Date: November 22, 2024

Expected Payment Date: December 5, 2024

Expected Dividend & Yield: 2.02%

Earnings Date: November 5, 2024 (Before Open)

Global leader in power solutions showing strong momentum with 7.58% monthly gain. Attractive 2.02% dividend yield with solid financials (24.15 P/E) and manageable debt/equity of 0.72. Analyst consensus is bullish, backed by strong infrastructure spending.

Positive:

Strong market position in both traditional diesel and emerging clean energy sectors, supported by robust R&D capabilities. Consistent cash flow generation enables both dividend growth and strategic investments. Global infrastructure spending and electrification trends provide significant growth runway.

Negative:

Highly sensitive to economic cycles, particularly in transportation and construction sectors. Rising input costs and supply chain pressures could impact margins. Transition to alternative power solutions requires substantial capital investment.

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