What is Deere Dividend Payout Ratio?
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Deere's Dividend Payout Ratio for the months ended in Jul. 2024 was 0.23.
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: 0.2
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
71.9% of 121 companies
in the industry
Industry Median: 0.31 vs DE: 0.20
As of today (2024-09-14), the Dividend Yield % of Deere is 1.46%.
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 1.70%.
Deere's Dividends per Share for the months ended in Jul. 2024 was $1.47.
During the past 12 months, Deere's average Dividends Per Share Growth Rate was 19.30% 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.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
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.
Deere Dividend Payout Ratio Chart
Deere Annual Data | ||||||||||||||||||||
Trend | Oct14 | Oct15 | Oct16 | Oct17 | Oct18 | Oct19 | Oct20 | Oct21 | Oct22 | Oct23 | ||||||||||
Dividend Payout Ratio | Get a 7-Day Free Trial | 0.31 | 0.37 | 0.20 | 0.20 | 0.15 |
Deere Quarterly Data | ||||||||||||||||||||
Oct19 | Jan20 | Apr20 | Jul20 | Oct20 | Jan21 | Apr21 | Jul21 | Oct21 | Jan22 | Apr22 | Jul22 | Oct22 | Jan23 | Apr23 | Jul23 | Oct23 | Jan24 | Apr24 | Jul24 | |
Dividend Payout Ratio | Get a 7-Day Free Trial | 0.12 | 0.16 | 0.24 | 0.17 | 0.23 |
Competitive Comparison of Deere's Dividend Payout Ratio
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's Dividend Payout Ratio Distribution in the Farm & Heavy Construction Machinery Industry
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
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
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 Jul. 2024 is calculated as
Dividend Payout Ratio | = | Dividends per Share (Q: Jul. 2024 ) | / | EPS without NRI (Q: Jul. 2024 ) |
= | 1.47 | / | 6.29 | |
= | 0.23 |
* 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.
Deere (NYSE:DE) Dividend Payout Ratio Explanation
In dividends investing, Dividend 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 Business Description
Industry
GURUFOCUS.COM »STOCK LIST »Industrials » » » Definitions » Dividend Payout Ratio
Comparable Companies
PCAR CAT CNH OSK AGCO TEX ALG REVG LNN HY OSTO:VOLV A XTER:DTG TSE:6301 TSE:6201 XAMS:EXO OSTO:EPI A SHSE:600031 TSE:6326 SZSE:000425 BOM:500477
Traded in Other Exchanges
DE:Mexico 1DE:Italy 0R2P:UK DCO0:Germany DCO:Germany DCO:Germany DCO:Germany DCO:Germany DEER:Canada DEEC34:Brazil DEER:Austria DE:Argentina
Address
One John Deere Place, Moline, IL, USA, 61265
Website
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 |
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