Replies to post #27390 on The Rising Influence of Rising Affluence

[DewDiligence]

DE addendum relevant to #msg-171235865—When a company boosts the dividend twice within two months, it's a pretty strong sign that the company's business outlook is robust.

[DewDiligence]

DE boosts dividend fifth time_in past two years:

https://www.sec.gov/Archives/edgar/data/315189/000155837023015338/de-20230830xex99d1.htm

The new annualized payout is $5.40, up from: $5.00 in Feb 2023; $4.80 in Dec 2022; $4.52 in May 22; $4.20 in Aug 2021; and $3.60 prior to Aug 2021.

In other words, DE has raised the dividend by a cumulative 50%(!) in the past two years.

At the current share price ($413), the new annualized payout is a yield of 1.3%.