Deere & Co. Raises Quarterly Dividend by 8%
30 Agosto 2023 - 2:34PM
Dow Jones News
By Colin Kellaher
Deere & Co.'s board has raised the farm and construction
machinery maker's quarterly dividend by 8% to $1.35.
The new payout, equal to $5.40 a year, represents an annual
yield of about 1.34% based on Tuesday's closing price of $404.10,
up from 1.24%.
The Moline, Ill., company on Wednesday said the increased
dividend is payable Nov. 8 to shareholders of record Sept. 29.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
August 30, 2023 13:19 ET (17:19 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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