Deere & Co. (DE) Raises Quarterly Dividend 10.1% to $0.76; 2% Yield
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Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1%
Revenue Growth %: +2.0%
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Deere & Co. (NYSE: DE) declared a quarterly dividend of $0.76 per share, or $3.04 annualized. This is a 10.1% increase from the prior dividend of $0.69. The dividend will be payable on February 1, 2019, to stockholders of record on December 31, 2018, with an ex-dividend date of December 28, 2018. The annual yield on the dividend is 2 percent.
"The dividend increase reflects the sound financial position of the company and confidence in our ability to generate strong cash flows through the cycle going forward," said Samuel R. Allen, chairman and chief executive officer.
For a dividend history and other dividend-related data on Deere & Co. (DE) click here.
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