Deere & Company Raises Quarterly Dividend

Rhea-AI Summary

Deere & Company (NYSE: DE) has announced an increase in its quarterly dividend payment. The company's Board of Directors declared a quarterly dividend of $1.62 per share, representing a $0.15 increase from the previous dividend of $1.47. The dividend will be payable on February 10, 2025, to stockholders of record as of December 31, 2024.

Positive

• Dividend increased by $0.15 per share (10.2% increase)
• Shows company's financial strength and commitment to shareholder returns

Negative

• None.

News Market Reaction

-0.80%

1 alert

-0.80% News Effect

On the day this news was published, DE declined 0.80%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

MOLINE, Ill., Dec. 3, 2024 /PRNewswire/ -- The Deere & Company (NYSE: DE) Board of Directors today declared a quarterly dividend of $1.62 per share payable February 10, 2025, to stockholders of record on December 31, 2024.

The new quarterly rate represents an additional 15 cents per share over the previous level of $1.47.

View original content:https://www.prnewswire.com/news-releases/deere--company-raises-quarterly-dividend-302321561.html

SOURCE John Deere Company

FAQ

What is Deere & Company's new quarterly dividend for 2025?

Deere & Company's new quarterly dividend is $1.62 per share, payable on February 10, 2025.

How much did Deere (DE) increase its dividend in December 2024?

Deere increased its quarterly dividend by $0.15 per share, from $1.47 to $1.62, representing a 10.2% increase.

When is the record date for Deere's (DE) new dividend?

The record date for Deere's new dividend is December 31, 2024.

What is the dividend payment date for Deere's (DE) increased dividend?

The dividend payment date is February 10, 2025.