Deere Raises Quarterly Dividend by 8% to $1.13
25 Maio 2022 - 2:34PM
Dow Jones News
By Denny Jacob
Deere & Co. said Wednesday that its board raised its
quarterly dividend to $1.13 a share.
The farm equipment maker said the new quarterly rate adds about
8 cents a share from the previous level, an increase of about 8% a
share.
The quarterly dividend is payable on August 8 to shareholders of
record on June 30, the company said.
Chief Executive John May said in prepared remarks the increase
reflects the company's recent performance and confidence in its
future direction.
Write to Denny Jacob at denny.jacob@wsj.com
(END) Dow Jones Newswires
May 25, 2022 13:19 ET (17:19 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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