Deere Rewards Shareholders With Dividend Hike

  • Deere & Co DE has increased its quarterly dividend by ~17% to $1.05 per share from $0.90 per share.
  • The increased dividend is payable on November 8, 2021, to stockholders of record on September 30, 2021.
  • "The latest increase in our quarterly dividend is a reflection of Deere's recent strong performance and the success of our new strategy and operating model," said Chairman and CEO John C. May.
  • Price Action: DE shares trading higher by 2.97% at $378.9 on the last check Wednesday.
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