Replies to post #4281 on The Rising Influence of Rising Affluence

[DewDiligence]

DE doesn’t give quarterly EPS guidance, but it does give guidance for the full fiscal year. For FY2012 (ending 10/31/12), EPS guidance is $7.82—see the prologue of #msg-69594025.

Thus, even after the strong stock performance recently, DE is trading at a FY2012 P/E of only 11x.

[DewDiligence]

DE boosts dividend to annualized rate of $1.84, a 12% increase from the old rate:

http://finance.yahoo.com/news/deere-board-raises-dividend-10th-155900145.html

At the current share price, the dividend yield at the new rate is 2.3%.