Can Deere Sustain Its 5-Year Double-Digit Dividend Growth Streak?
Key Takeaways DE raised its dividend 8 times in 5 years, more than doubling the payout to $1.62 per share. Shareholder returns surged to $6.9B in fiscal 2024, or 81% of cash flow from equipment operations. Despite a forecasted 28% drop in 2025 net income, DE's dividend remains well-covered by free cash flow.Deere & Company (DE) has delivered impressive dividend growth in recent years, positioning itself as a strong income-generating stock within the manufacturing farm equipment industry. It offers a divid ...