Deere Board raises dividend for 11th increase since 2004

MOLINE, Ill., Feb. 27, 2013 /CNW/ - The Deere & Company (NYSE: DE) Board of 
Directors has approved an increase of the company's dividend to $.51 a share 
on common stock. The dividend is payable on May 1, 2013 to stockholders of 
record on March 28, 2013. 
The new quarterly rate represents an increase of 5 cents per share over the 
previous level – an increase of approximately 11 percent. This is the 
eleventh increase to the Deere & Company quarterly dividend since early 2004. 
Deere last raised its dividend in February 2012. 
"Our dividend increase reflects our confidence in our long term cash flows. 
Deere is well-positioned to benefit from major trends that we continue to 
believe hold great promise for the company and its customers and investors," 
said Samuel R. Allen, chairman and chief executive officer. "We remain 
committed to our plans for profitably growing the company and returning cash 
to shareholders." 
Certain statements in this report are "forward-looking" statements within the 
meaning of the Private Securities Litigation Reform Act of 1995 with respect 
to future events and financial performance. These forward-looking statements 
involve risks and uncertainties. Actual results may differ materially from 
those contemplated (expressed or implied) by such forward-looking statements, 
because of, among other things, the risks and uncertainties found in the 
Company's press releases and other SEC filings, including the risk factors 
identified under the headings "Risk Factors" and "Management's Discussion and 
Analysis of Results of Operations and Financial Condition" in the Company's 
most recent Annual Report on Form 10-K, as well as the Company's Quarterly 
Reports on Form 10-Q. 
Ken Golden, Director, Global Public Relations, +1-309-765-5678 
http://www.deere.com 
SOURCE: Deere & Company 
To view this news release in HTML formatting, please use the following URL: 
http://www.newswire.ca/en/releases/archive/February2013/27/c8872.html 
CO: Deere & Company
ST: Illinois
NI: RET AGR MAC DIV  
-0- Feb/27/2013 15:53 GMT
 
 
Press spacebar to pause and continue. Press esc to stop.