The Deere & Company (NYSE: DE) Board of Directors declared a regular quarterly dividend of $0.35 a share on common stock, $1.40 annualized.
The dividend is payable May 2, 2011, to stockholders of record on March 31, 2011. The ex-dividend date is March 29, 2011.
Yield on the dividend is 1.6%.
Disclosure I am Long DE shares.
Deere appears to be a great area to be in right now the ag business is sure booming.
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