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Wednesday, February 22, 2023 1:16:57 PM
https://finance.yahoo.com/news/deere-company-raises-dividend-174800137.html
Just two months ago DE raised the annualized dividend to $4.80 (#msg-170637030), and today DE is boosting it again to $5.00.
At the current share price (~$427), the new annualized payout is a yield of 1.2%.
DE, which considers itself a technology growth company rather than an industrial cyclical, has never been a big dividend payer; however, DE has now boosted the dividend by a cumulative 39% ($3.60 to $5.00) in the past 1.5 years.
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