Deere & Company Announces Quarterly Dividend

(Neutral)

Rhea-AI Summary

The Deere & Company (NYSE: DE) Board of Directors has declared a quarterly dividend of $1.05 per share on common stock. This dividend will be payable on May 9, 2022, to stockholders of record as of March 31, 2022. This announcement reflects the company's commitment to returning value to its investors while maintaining stable cash flows.

Positive

Quarterly dividend of $1.05 per share indicates strong financial health.
Dividend payment reflects confidence in ongoing profitability and cash flow.

Negative

None.

News Market Reaction – DE

-4.60%

-4.60% Session move

In the trading session that priced this news, DE declined 4.60%, reflecting a moderate 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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02/23/2022 - 12:53 PM

MOLINE, Ill., Feb. 23, 2022 /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 May 9, 2022 to stockholders of record on March 31, 2022.

View original content:https://www.prnewswire.com/news-releases/deere--company-announces-quarterly-dividend-301488864.html

SOURCE Deere & Company

FAQ

What is the dividend amount declared by Deere for May 2022?

Deere declared a quarterly dividend of $1.05 per share.

When will the dividend be paid to stockholders?

The dividend will be paid on May 9, 2022.

What is the record date for the dividend?

The record date for the dividend is March 31, 2022.

How often does Deere declare dividends?

Deere typically declares dividends on a quarterly basis.