Deere's most recent quarterly dividend payment of $1.47 per share was made to shareholders on record before Mar 27, 2024. The payout stands at $5.54 per share annually, which works out to a dividend yield of 1.4%.
DE has a dividend yield of 1.4% which is above the industry and its peers average but below the Industrials sector average. But compared to its Industrials sector average of 1.41%, Deere's dividend yield is only 0.7% lower. Historically DE's dividend yield has averaged at 1.4% in the last 5 years, which is similar to the current yield.
Deere has been paying dividends for the last 30 years. According to our data DE has issued four quarterly dividends in the last twelve months. The annualized DPS has an increase of 18% for the last year. And since the stock price has gone up by 1.7% from a year ago, the dividend yield has an increase of 15%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Mar 27, 2024 | May 8, 2024 | Feb 28, 2024 | $1.47 | normal |
| Dec 28, 2023 | Feb 8, 2024 | Dec 6, 2023 | $1.47 | normal |
| Sep 28, 2023 | Nov 8, 2023 | Aug 30, 2023 | $1.35 | normal |
| Jun 29, 2023 | Aug 8, 2023 | May 31, 2023 | $1.25 | normal |
| Mar 30, 2023 | May 8, 2023 | Feb 22, 2023 | $1.25 | normal |
| Dec 29, 2022 | Feb 8, 2023 | Dec 7, 2022 | $1.2 | normal |
| Sep 29, 2022 | Nov 8, 2022 | Aug 31, 2022 | $1.13 | normal |
| Jun 29, 2022 | Aug 8, 2022 | May 25, 2022 | $1.13 | normal |
| Mar 30, 2022 | May 9, 2022 | Feb 23, 2022 | $1.05 | normal |
| Dec 30, 2021 | Feb 8, 2022 | Dec 8, 2021 | $1.05 | normal |
| Sep 29, 2021 | Nov 8, 2021 | Aug 25, 2021 | $1.05 | normal |
| Jun 29, 2021 | Aug 9, 2021 | May 26, 2021 | $0.9 | normal |
| Mar 30, 2021 | May 10, 2021 | Feb 24, 2021 | $0.9 | normal |
| Dec 30, 2020 | Feb 8, 2021 | Dec 2, 2020 | $0.76 | normal |
| Sep 29, 2020 | Nov 9, 2020 | Aug 26, 2020 | $0.76 | normal |
| Jun 29, 2020 | Aug 10, 2020 | May 27, 2020 | $0.76 | normal |
| Mar 30, 2020 | May 8, 2020 | Feb 26, 2020 | $0.76 | normal |
| Dec 30, 2019 | Feb 10, 2020 | Dec 4, 2019 | $0.76 | normal |
| Sep 27, 2019 | Nov 8, 2019 | Aug 27, 2019 | $0.76 | normal |
| Jun 27, 2019 | Aug 1, 2019 | May 29, 2019 | $0.76 | normal |
| Mar 28, 2019 | May 1, 2019 | Feb 27, 2019 | $0.76 | normal |
| Dec 28, 2018 | Feb 1, 2019 | Dec 5, 2018 | $0.76 | normal |
| Sep 27, 2018 | Nov 1, 2018 | Aug 29, 2018 | $0.69 | normal |
| Jun 28, 2018 | Aug 1, 2018 | May 30, 2018 | $0.69 | normal |
| Mar 28, 2018 | May 1, 2018 | Feb 28, 2018 | $0.6 | normal |
| Dec 28, 2017 | Feb 1, 2018 | Dec 6, 2017 | $0.6 | normal |
| Sep 28, 2017 | Nov 1, 2017 | Aug 30, 2017 | $0.6 | normal |
| Jun 28, 2017 | Aug 1, 2017 | May 31, 2017 | $0.6 | normal |
| Mar 29, 2017 | May 1, 2017 | Feb 22, 2017 | $0.6 | normal |
| Dec 28, 2016 | Feb 1, 2017 | Dec 7, 2016 | $0.6 | normal |
| Sep 28, 2016 | Nov 1, 2016 | Aug 31, 2016 | $0.6 | normal |
| Jun 28, 2016 | Aug 1, 2016 | $0.6 | normal | |
| Mar 29, 2016 | May 2, 2016 | $0.6 | normal | |
| Dec 29, 2015 | Feb 1, 2016 | Dec 2, 2015 | $0.6 | normal |
| Sep 28, 2015 | Nov 2, 2015 | $0.6 | normal |
DE has a payout ratio of 16.1% which is higher than the industry average but lower than the Industrials sector and its peers average. In comparison with the Industrials sector average of 30.4%, Deere's payout ratio is 47% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| TTC Toro Co | 1.61% | $1.4 | 50.7% |
| CAT Caterpillar Inc | 1.54% | $5.2 | 25.7% |
| DE Deere & Co | 1.41% | $5.54 | 16.1% |
| AGCO Agco Corp | 0.99% | $1.16 | 7.4% |
Yes, Deere has been paying dividends for the last 30 years.
DE hasn't announced its next dividend date yet, however if we take into account its recent dividend schedule, it is likely that its next dividend will be in June 2024.
Deere's last regular dividend was on Mar 27, 2024 (ex-date) with the amount of $1.47 per share.
DE's annualized dividend per share is $5.54.
The current dividend yield of Deere is 1.4%.
Deere pays dividends quarterly.
The dividend payout ratio of Deere is 16.1%.
Deere's dividend yield is similar to the Industrials sector average.