As he guides Cummins and our customers toward a carbon-neutral world, Chairman and CEO Tom Linebarger is taking the lead on alternative energy on another global stage.

Cummins Inc. (NYSE: CMI) has taken another step forward in advancing zero carbon technology as the company began testing a hydrogen-fueled internal combustion engine. The proof-of-concept test is building on Cummins’ existing technology leadership in gaseous-fuel applications and powertrain leadership to create new power solutions that help customers meet the energy and environmental needs of the future.

The Board of Directors of Cummins Inc. (NYSE: CMI) today approved an increase in the company's quarterly cash dividend on common stock of 7 percent to 1.45 dollars per share from 1.35 dollars per share.  The dividend is payable on September 2, 2021, to shareholders of record on August 20, 2021. "This marks our 12th consecutive year of increasing our dividend, demonstrating a consistent trend of returning capital to shareholders while continuing to invest in our future," said Tom Linebarger, Chairman and CEO, Cummins Inc.

Today, Cummins Inc. (NYSE: CMI) announced a new global community program called Cummins Water Works, which addresses the global water crisis by partnering with leading water experts and investing and engaging in sustainable, large-scale, high-impact water projects around the world. This new community program is supported initially by $8 million in Cummins grants focusing on five of the most water-stressed countries: Mexico, Brazil, India, South Africa and the U.S.

Chevron U.S.A. Inc., through its Chevron Products Company division (Chevron), and Cummins Inc., (NYSE: CMI) a global power and hydrogen technologies leader, announced a memorandum of understanding (MOU) to explore a strategic alliance to develop commercially viable business opportunities in hydrogen and other alternative energy sources. 

Many might think of their newest gadgets when it comes to the Internet of Things (IoT). Meanwhile, the industrial and commercial applications of IoT surpass its consumer applications. In fact, manufacturing, healthcare, retail, and security are the four sectors that lead others when it comes to where the IoT devices are1.