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Cummins Inc. (CMI) is a high-quality company that is performing incredibly well as it balances current mobility offerings against future mobility solutions. Fundamentally speaking, there’s really nothing to strongly dislike. And with a market-beating yield, a low payout ratio, double-digit long-term dividend growth, nearly 20 consecutive years of dividend increases, and the potential that shares are undervalued, long-term dividend growth investors looking for a solid, well-rounded business to invest in ought to be aware of this name right now.
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