Replies to post #24576 on The Rising Influence of Rising Affluence

[DewDiligence]

DE raises annualized dividend to $4.52 (from $4.20):

https://www.sec.gov/Archives/edgar/data/0000315189/000155837022009334/de-20220525xex99d1.htm

At the current share price (~$340), the new annualized payout represents a yield of 1.3%.

DE has never been a high-dividend payer, but it increases the dividend often. Today’s increase is the third in the past 15 months.

[DewDiligence]

DE boosts annualized dividend to $4.80—(from $4.52):

https://finance.yahoo.com/news/deere-company-raises-dividend-six-190400945.html

At the current share price (~$440), the new payout is a yield of ~1.0%.

DE, which considers itself a technology growth company rather than an industrial cyclical, has never been a big dividend payer, but it has now boosted the dividend by a cumulative 33% ($3.60 to $4.80) in 2021 and 2022.