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.