The Deere & Company DE.nyse is the latest of the industrial giants to raise its dividend. This morning, the machinery and equipment giant announced an increase on its quarterly payout by about 17%. The new dividend is $0.35 per quarter, up from $0.30 per quarter before. This move will generate a current dividend of roughly 1.85%.
It was noted that Deere has increased its quarterly dividend on eight separate occasions Since early 2004 including today’s announcement. The dividend is payable February 1, 2011 to stockholders of record on December 31, 2010.
It was noted that Deere has increased its quarterly dividend on eight separate occasions Since early 2004 including today’s announcement. The dividend is payable February 1, 2011 to stockholders of record on December 31, 2010.
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