Deere (DE) Dividend Payout Ratio

: 0.24 (As of Jan. 2024)

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Deere's dividend payout ratio for the months ended in Jan. 2024 was 0.24.

The historical rank and industry rank for Deere's Dividend Payout Ratio or its related term are showing as below:

DE' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.15 Med: 0.34 Max: 0.57
Current: 0.15

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.

DE's Dividend Payout Ratio is ranked better than
74.59% of 122 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.23 vs DE: 0.15

As of today (2024-04-19), the Dividend Yield % of Deere is 1.38%.

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

Deere's Dividends per Share for the months ended in Jan. 2024 was $1.47.

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.

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.

The growth rate is calculated with least square regression.

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

Deere Dividend Payout Ratio Historical Data

The historical data trend for Deere's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 0.31 [6] => 0.37 [7] => 0.20 [8] => 0.20 [9] => 0.15 )

Deere Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Dividend Payout Ratio

0.31

0.37

0.20

0.15

Deere Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Dividend Payout Ratio																0.18	0.13	0.12	0.16	0.24

Competitive Comparison

For the Farm & Heavy Construction Machinery subindustry, Deere's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution

For the Farm & Heavy Construction Machinery industry and Industrials sector, Deere's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Deere's Dividend Payout Ratio falls into.

Deere Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Deere's Dividend Payout Ratio for the fiscal year that ended in Oct. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Oct. 2023 )	/	EPS without NRI (A: Oct. 2023 )
	=	5.05	/	33.961
	=	0.15

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

Deere (NYSE:DE) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Deere Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Deere's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Deere (DE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Deere & Co (NYSE:DE) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

DE:Mexico 1DE:Italy DCOd:UK DCO:Germany DEEC34:Brazil DEER:Austria DE:Argentina

Address

One John Deere Place, Moline, IL, USA, 61265

Website

https://www.deere.com

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