Deere & Company Announces Quarterly Dividend

(Neutral)

Rhea-AI Summary

Deere & Company (NYSE: DE) has announced a regular quarterly dividend of $1.05 per share on its common stock. This dividend will be payable on February 8, 2022, to stockholders of record as of December 31, 2021. This declaration reflects the company's commitment to returning value to shareholders while maintaining financial stability.

Positive

Quarterly dividend of $1.05 per share enhances shareholder income.
Dividend payment reinforces company’s commitment to returning value to shareholders.

Negative

None.

News Market Reaction – DE

-0.08%

-0.08% Session move

In the trading session that priced this news, DE declined 0.08%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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12/08/2021 - 12:16 PM

MOLINE, Ill., Dec. 8, 2021 /PRNewswire/ -- The Deere & Company (NYSE: DE) Board of Directors today declared a regular quarterly dividend of $1.05 per share on the company's common stock. The dividend is payable February 8, 2022 to stockholders of record on December 31, 2021.

View original content:https://www.prnewswire.com/news-releases/deere--company-announces-quarterly-dividend-301440478.html

SOURCE Deere & Company

FAQ

What is the dividend amount declared by Deere & Company?

Deere & Company declared a quarterly dividend of $1.05 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on February 8, 2022.

What is the record date for the dividend payment?

Stockholders of record on December 31, 2021, will receive the dividend.

How often does Deere & Company declare dividends?

Deere & Company typically declares dividends on a quarterly basis.

Is the dividend from Deere & Company sustainable?

The sustainability of the dividend depends on the company's ongoing financial performance and capital management strategies.