Deere's most recent quarterly dividend payment of $1.47 per share was made to shareholders on record before Jun 28, 2024. The payout stands at $5.76 per share annually, which works out to a dividend yield of 1.51%.
DE has a dividend yield of 1.51% which is above the Industrials sector, the industry and its peers average. Compared to its Industrials sector average of 1.41%, Deere's dividend yield is 7% higher. Historically DE's dividend yield has averaged at 1.3% in the last 5 years, which is below 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 19% for the last year. And since the stock price has gone down by 14% from a year ago, the dividend yield has an increase of 40%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Jun 28, 2024 | Aug 8, 2024 | May 29, 2024 | $1.47 | normal |
| 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 17.3% 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 32.7%, Deere's payout ratio is 47% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| CAT Caterpillar Inc | 1.52% | $5.31 | 23.9% |
| DE Deere & Co | 1.49% | $5.76 | 17.3% |
| TTC Toro Co | 1.47% | $1.42 | 55.7% |
| AGCO Agco Corp | 1.12% | $1.16 | 7.8% |
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 September 2024.
Deere's last regular dividend was on Jun 28, 2024 (ex-date) with the amount of $1.47 per share.
DE's annualized dividend per share is $5.76.
The current dividend yield of Deere is 1.51%.
Deere pays dividends quarterly.
The dividend payout ratio of Deere is 17.3%.
Deere's dividend yield is above the Industrials sector average.