Deere & Company Raises Quarterly Dividend From $1.25 To $1.35 Per Share
Portfolio Pulse from Happy Mohamed
Deere & Company (NYSE:DE) has increased its quarterly dividend from $1.25 to $1.35 per share, payable on November 8, 2023, to stockholders of record on September 29, 2023. This represents a 10 cents increase per share over the previous level.
August 30, 2023 | 4:31 pm
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POSITIVE IMPACT
Deere & Company has raised its quarterly dividend by 10 cents per share. This could make the stock more attractive to income-focused investors.
Dividend increases are generally seen as a positive signal by the market, indicating that a company is confident in its future earnings. This could potentially lead to an increase in the stock price as it may attract more income-focused investors.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100