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Deere (DE) 3-Year Dividend Growth Rate

: 18.40% (As of Jan. 2024)
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Deere's Dividends per Share for the three months ended in Jan. 2024 was $1.47.

The historical rank and industry rank for Deere's 3-Year Dividend Growth Rate or its related term are showing as below:

DE' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 0.9   Med: 11.2   Max: 99.4
Current: 18.4

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Deere was 99.40% per year. The lowest was 0.90% per year. And the median was 11.20% per year.

DE's 3-Year Dividend Growth Rate is ranked better than
59.77% of 87 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 11 vs DE: 18.40

During the past 12 months, Deere's average Dividends Per Share Growth Rate was 18.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 18.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 14.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 8.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Deere's Dividend Payout Ratio for the three months ended in Jan. 2024 was 0.24. As of today, Deere's Dividend Yield % is 1.38%.

Good Sign:

Deere & Co stock dividend yield is close to 3-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Farm & Heavy Construction Machinery subindustry, Deere's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Deere 3-Year Dividend Growth Rate Distribution

For the Farm & Heavy Construction Machinery industry and Industrials sector, Deere's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Deere's 3-Year Dividend Growth Rate falls into.



Deere 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Deere  (NYSE:DE) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Deere's Dividend Payout Ratio for the quarter that ended in Jan. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jan. 2024 )/ EPS without NRI (Q: Jan. 2024 )
=1.47/ 6.23
=0.24

During the past 13 years, the highest Dividend Payout Ratio of Deere was 0.57. The lowest was 0.15. And the median was 0.34.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Deere Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 1.4702024-03-272024-03-292024-05-08Cash DividendquarterlyUSD:USD 1.000000
USD 1.4702023-12-282023-12-292024-02-08Cash DividendquarterlyUSD:USD 1.000000
USD 1.3502023-09-282023-09-292023-11-08Cash DividendquarterlyUSD:USD 1.000000
USD 1.2502023-06-292023-06-302023-08-08Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Deere's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=5.54/401.25
=1.38 %

Current Share Price is $401.25.
Deere's Dividends per Share for the trailing twelve months (TTM) ended in Today is $5.54.

During the past 13 years, the highest Dividend Yield of Deere was 3.28%. The lowest was 0.79%. And the median was 1.77%.

Good Sign:

Deere & Co stock dividend yield is close to 3-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Deere 3-Year Dividend Growth Rate Related Terms>


Deere (DE) Business Description

Address
One John Deere Place, Moline, IL, USA, 61265
Deere is the world's leading manufacturer of agricultural equipment, producing some of the most recognizable machines in the heavy machinery industry. The company is divided into four reportable segments: production and precision agriculture, small agriculture and turf, construction and forestry, and John Deere Capital. Its products are available through an extensive dealer network, which includes over 2,000 dealer locations in North America and approximately 3,700 locations globally. John Deere Capital provides retail financing for machinery to its customers, in addition to wholesale financing for dealers, which increases the likelihood of Deere product sales.
Executives
Deanna M Kovar officer: Pres Ag & Turf, Sml Ag & Turf ONE JOHN DEERE PLACE, MOLINE IL 61265
Ryan D Campbell officer: Senior Vice President & CFO ONE JOHN DEERE PLACE, MOLINE IL 61265
Laurence Neil Hunn director 100 NORTH POINT CENTER EAST, SUITE 200, ALPHARETTA GA 30022
Reed Cory J officer: Pres., John Deere Financial DEERE & COMPANY, ONE JOHN DEERE PLACE, MOLINE IL 61265
May John C Ii officer: President, Ag Solutions & CIO DEERE & COMPANY, ONE JOHN DEERE PLACE, MOLINE IL 61265
Pentz Markwart Von officer: Pres.Ag Div.Europe,Africa,SA DEERE & COMPANY, ONE JOHN DEERE PLACE, MOLINE IL 61265
Tami A. Erwin director 1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Jahmy J Hindman officer: Sr VP & Chief Technology Offcr ONE JOHN DEERE PLACE, MOLINE IL 61265
Marc A Howze officer: Sr. VP & Chief Admin Offcr DEERE & COMPANY, ONE JOHN DEERE PLACE, MOLINE IL 61265
Justin Ryan Rose officer: Pres, L.C. Sol, Cus Sup & S.M. ONE JOHN DEERE PLACE, MOLINE IL 61265
Joshua A Jepsen officer: Senior V.P. & CFO ONE JOHN DEERE PLACE, MOLINE IL 61265
Felecia J. Pryor officer: Snr V.P. & Chief People Offcr 3850 W. HAMLIN ROAD, AUBURN HILLS MI 48326
John H Stone officer: Pres., WW Const & For & Pow Sy C/O SCHLAGE LOCK COMPANY LLC, 11819 N. PENNSYLVANIA STREET, CARMEL IN 46032
Leanne G Caret director 1000 WILSON BLVD, ARLINGTON VA 22209
Rajesh Kalathur officer: Sr. VP and CFO DEERE & COMPANY, ONE JOHN DEERE PLACE, MOLINE IL 61265

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