Cummins to raise 50% quarter cash dividend

(chinatrucks.com, July 22, 2010) America Diesel Engine Manufacturer Cummins has announced on July 15th that it will raise 50% cash dividend in this quarter because of the superior performance of last quarters.

It is learned by reporter that sales volumes of the engines for medium truck, bus and heavy truck in first quarter of 2010 have suddenly decreased 80%. However, it still owns great performance because of continuous demands growing in China, India, Brazil, and etc.

At present, Cummins has elevated sales revenue of 2010 from 11 billion dollars to 12 billion dollars.

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