Dividend criteria checks 5/6
Deere is a dividend paying company with a current yield of 1.49% that is well covered by earnings. Next payment date is on 8th November, 2024 with an ex-dividend date of 30th September, 2024.
Key information
1.5%
Dividend yield
20%
Payout ratio
Industry average yield | 1.7% |
Next dividend pay date | 08 Nov 24 |
Ex dividend date | 30 Sep 24 |
Dividend per share | US$5.880 |
Earnings per share | US$30.06 |
Dividend yield forecast | 1.9% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DE's dividends per share have been stable in the past 10 years.
Growing Dividend: DE's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Deere Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (DE) | 1.5% |
Market Bottom 25% (US) | 1.4% |
Market Top 25% (US) | 4.4% |
Industry Average (Machinery) | 1.7% |
Analyst forecast (DE) (up to 3 years) | 1.9% |
Notable Dividend: DE's dividend (1.49%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: DE's dividend (1.49%) is low compared to the top 25% of dividend payers in the US market (4.37%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (19.6%), DE's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (32.1%), DE's dividend payments are well covered by cash flows.
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