Deere Paid $1.62 This Week: Breaking Down the Agricultural Giant’s Dividend Strength

Quick Read Deere (DE) net income collapsed 50.5% from its fiscal 2023 peak during the agricultural downturn. Revenue fell to $44.7B. Deere’s payout ratio jumped from 14% to 34.2% over two years. Free cash flow coverage dropped from 2.88x to 1.88x. Deere shares gained 33.5% year-to-date despite earnings pressure. Investors are betting on agricultural recovery. A recent study identified one single habit that doubled Americans’ retirement savings and moved retirement from dream, to reality. Read more ...