RVIA Economic Impact Study

The Recreation Vehicle Industry Association commissioned an Economic Impact Study on the RV industry, released on June 7, 2016. The study found that the RV industry contributes about $49.7 billion in economic output or 0.28 percent of the Gross Domestic Product. Through its production and distribution linkages, the industry impacts firms in 426 of the 440 sectors of the United States economy.

Nationwide, the industry is responsible for 216,170 jobs, both directly and inderectly, creating an economic impact of $37.5 billion. The full study results, along with each individual state and congressional district's economic impact is available on the website by clicking here .

Cummins Inc. Announces Quarterly Dividend

Thu Jul 14, 2016

Cummins Inc. has announced a quarterly dividend on Tuesday, July 12. Investors of record on Monday, Aug. 22 will be given a dividend of 0.975 per share on Thursday, Sept. 1. This represents a $3.90 annualized dividend and a yield of 3.37 percent, according to Baseball News Source.

In other Cummins news, Director Alexis Herman sold 1,086 shares of Cummins stock in a transaction that occurred Thursday, May 26. The shares were sold at an average price of $113.67, for a total transaction of $123,445.62. Following the completion of the sale, the director now directly owns 29,084 shares in the company, valued at approximately $3.3 million.

Chief Financial Officer Pat Ward sold 5,000 shares of Cummins stock in a transaction that occurred on Monday, April 18. The shares were sold at an average price of $116.46, for a total transaction of $582,300. Following the sale, the CFO now owns 17,174 shares of the company’s stock, valued at $2 million.

Additional Information: http://baseballnewssource.com/markets/cummins-inc-declares-quarterly-dividend-of-0-98-cmi/33779/