Deere & Co. (DE) Raises Quarterly Dividend 7.6% to $1.13; 1.3% Yield
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Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 1.4%
EPS Growth %: -18.5%
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Deere & Co. (NYSE: DE) declared a quarterly dividend of $1.13 per share, or $4.52 annualized. This is a 7.6% increase from the prior dividend of $1.05.
The dividend will be payable on August 8, 2022, to stockholders of record on June 30, 2022, with an ex-dividend date of June 29, 2022.
The annual yield on the dividend is 1.3 percent.
"The latest increase in our quarterly dividend is a reflection of Deere's recent strong performance and the success of our Smart Industrial strategy,” said John C. May, chairman and chief executive officer. "It also shows our confidence in the company's future direction."
For a dividend history and other dividend-related data on Deere & Co. (DE) click here.
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