Deere & Company increases dividend by 18 percent

MOLINE, Ill., May 28, 2014 /CNW/ - The Deere & Company (NYSE: DE) Board of 
Directors has approved an increase of Deere's quarterly dividend to $.60 a 
share on common stock. The dividend is payable on August 1, 2014 to 
stockholders of record on June 30, 2014. 
The new quarterly rate represents an increase of 9 cents per share, 
approximately 18 percent, over the previous level. This is the twelfth 
increase to the Deere & Company quarterly dividend in 10 years. Deere last 
raised its dividend in February 2013. 
"Deere is well-positioned to benefit long-term from global trends that hold 
great promise for the company's customers and investors," said Samuel R. 
Allen, chairman and chief executive officer. "Our dividend increase reflects 
our confidence in Deere & Company's ability to generate strong cash flow 
throughout the cycle. We remain committed to our plans for profitable growth 
and for 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.

SOURCE  Deere & Company 
Ken Golden, Director, Global Public Relations, 309-765-5678 
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CO: Deere & Company
ST: Illinois
-0- May/28/2014 17:52 GMT
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