Deere & Company Announces Quarterly Dividend
Rhea-AI Summary
Deere & Company (NYSE: DE) has announced a quarterly dividend of $1.47 per share. The dividend will be payable on November 8, 2024, to stockholders of record as of September 30, 2024. This announcement was made by the company's Board of Directors on August 28, 2024. Deere & Company, commonly known as John Deere, is a leading manufacturer of agricultural, construction, and forestry machinery. This dividend declaration demonstrates the company's commitment to returning value to its shareholders and may indicate confidence in its financial stability and future prospects.
Positive
- Consistent dividend payment indicates financial stability
- Quarterly dividend of $1.47 per share provides income for shareholders
- Dividend declaration suggests confidence in company's financial position
Negative
- None.
News Market Reaction
On the day this news was published, DE gained 0.52%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
View original content:https://www.prnewswire.com/news-releases/deere--company-announces-quarterly-dividend-302233112.html
SOURCE John Deere Company
FAQ
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