Deere's most recent quarterly dividend payment of $1.2 per share was made to shareholders on record before Dec 29, 2022. The payout stands at $4.51 per share annually, which works out to a dividend yield of 1.14%. The latest DE stock dividend of $1.2 is an increase from the previous $1.13 distribution, representing a growth of 6%.
DE has a dividend yield of 1.14% which is below the Industrials sector, the industry and its peers average. Compared to its Industrials sector average of 1.52%, Deere's dividend yield is 25% lower. Historically DE's dividend yield has averaged at 1.5% in the last 5 years, which is above the current yield.
Deere has been paying dividends for the last 29 years. According to our data DE has issued four quarterly dividends in the last twelve months. The annualized DPS has an increase of 16% for the last year. And since the stock price has gone down by 8% from a year ago, the dividend yield has an increase of 25%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| 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 16.7% which is lower than the Industrials sector, the industry and its peers average. In comparison with the Industrials sector average of 28.3%, Deere's payout ratio is 41% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| CAT Caterpillar Inc | 2.15% | $4.71 | 37% |
| DE Deere & Co | 1.16% | $4.51 | 16.7% |
| TTC Toro Co | 1.15% | $1.24 | 27% |
| AGCO Agco Corp | 0.77% | $0.96 | 8.1% |
Yes, Deere has been paying dividends for the last 29 years.
DE has announced its next dividend with ex-date Mar 30, 2023.
Deere's last regular dividend was on Dec 29, 2022 (ex-date) with the amount of $1.2 per share.
DE's annualized dividend per share is $4.51.
The current dividend yield of Deere is 1.14%.
Deere pays dividends quarterly.
The dividend payout ratio of Deere is 16.7%.
Deere's dividend yield is below the Industrials sector average.