Deere & Company Raises Dividend Six Percent
On December 7, 2022, Deere & Company (NYSE: DE) announced a quarterly dividend increase of $1.20 per share, payable on February 8, 2023, to shareholders recorded by December 30, 2022. This new dividend represents a 6% boost, adding 7 cents to the previous rate. This increase reflects the company's ongoing commitment to delivering value to its shareholders and confidence in its financial stability.
- Quarterly dividend raised to $1.20 per share.
- 6% increase over the prior dividend level.
- None.
MOLINE, Ill., Dec. 7, 2022 /PRNewswire/ -- The Deere & Company (NYSE: DE) Board of Directors today declared a quarterly dividend of
The new quarterly rate represents an additional 7 cents per share over the previous level, an increase of approximately 6 percent per share.
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SOURCE Deere & Company
