Deere & Co (NYSE: DE) reported upbeat earnings for its fourth quarter on Wednesday.
Net sales and revenue fell 1% Y/Y to $15.41 billion, beating the consensus of $13.69 billion. EPS of $8.26 surpassed the consensus of $7.47, according to data from Benzinga Pro.
For FY24, Deere expects net income of $7.75 billion-$8.25 billion, versus market estimates of around $9.33 billion.
With Deere reporting upbeat quarterly earnings, some investors may be eyeing potential gains from the company’s dividends. As of now, Deere has a dividend yield of 1.46%, which is a quarterly dividend amount of $1.35 a share ($5.40 a year).
To figure out how to earn $500 monthly from Deere dividends, we start with the yearly target of $6,000 ($500 ...