Deere & Company dividend history

Deere & Company's dividend was $6.48 a share in fiscal 2025, up 10.2% on the year before. That was 34.2% of net income. It has raised its dividend per share every year since fiscal 2020.

Dividends, buybacks and capital spending

FY2026 Q3 TTM

Buybacks (TTM): $699M
Dividends (TTM): $1.8B
Returned to shareholders: 41%; of free cash flow
Buybacks, last 3 fiscal years: $12.4B
Diluted share count: −0.5%; year over year
Total shareholder yield: 1.4%; dividends 1.0% + buybacks 0.4% of market value
Dividend payout ratio: 36%; of net income paid out
R&D spending: 5.0%; of revenue
Sales & admin spending: 9.7%; of revenue

Dividends by fiscal year

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Deere & Company: dividends by fiscal year, annual
Fiscal year	2009Oct 2009	2010Oct 2010	2011Oct 2011	2012Oct 2012	2013Oct 2013	2014Oct 2014	2015Nov 2015	2016Oct 2016	2017Oct 2017	2018Oct 2018	2019Nov 2019	2020Nov 2020	2021Oct 2021	2022Oct 2022	2023Oct 2023	2024Oct 2024	2025Nov 2025	LTMAug 2026
Dividend per share	$1.12	$1.16	$1.52	$1.79	$1.99	$2.22	$2.40	$2.40	$2.40	$2.58	$3.04	$3.04	$3.61	$4.36	$5.05	$5.88	$6.48	—
Dividend per share growth	—	+3.6%	+31.0%	+17.8%	+11.2%	+11.6%	+8.1%	0.0%	0.0%	+7.5%	+17.8%	0.0%	+18.8%	+20.8%	+15.8%	+16.4%	+10.2%	—
Dividends paid	473	484	593	698	753	786	816	761	764	806	943	956	1,040	1,313	1,427	1,605	1,720	1,754
Share buybacks	3	359	1,667	1,588	1,531	2,731	2,771	205	6	958	1,253	750	2,538	3,597	7,216	4,007	1,138	699
Dividends ÷ net income	54.2%	25.9%	21.2%	22.8%	21.3%	24.9%	42.1%	50.0%	35.4%	34.0%	29.0%	34.8%	17.4%	18.4%	14.0%	22.6%	34.2%	36.0%
Dividends ÷ free cash flow	43.9%	31.8%	46.7%	—	35.9%	31.7%	26.6%	24.4%	47.7%	87.0%	41.1%	14.3%	15.1%	36.8%	20.1%	21.1%	28.2%	29.1%

Dividend per share is the amount declared for the fiscal year as stated in the company's filings (including any special dividend), restated for stock splits and checked against the cash dividends paid. Dividends paid and buybacks are cash amounts; the last-twelve-months column can include an extra payment when a quarter-end date moves.

Compare with peers

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Figures from Deere & Company's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Deere & Company.