Deere & Company Announces Quarterly Dividend

MOLINE, IL (May 25, 2022) -The Deere & Company (NYSE: DE) Board of Directors today declared a quarterly dividend of $1.13 per share payable August 8, 2022 to stockholders of record on June 30, 2022.

The new quarterly rate represents an additional 8 cents per share over the previous level, an increase of approximately 8 percent per share.

"The latest increase in our quarterly dividend is a reflection of Deere's recent strong performance and the success of our Smart Industrial strategy," said John C. May, chairman and chief executive officer. "It also shows our confidence in the company's future direction."