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Thoughts on Deere (DE)?
#3
Just did a quick scan of the release and conference call transcript and think it might be worth holding on to. 

Might earn close to $10 this year, and with a 25-35% payout ratio target, I wouldn't be surprised if they raised the dividend from $0.60 to $0.75 by the end of the year.

At $155 right now, that gives a forward PE of 15-16 and a potential forward yield of about 1.9%.

Not cheap, but not outrageously priced either.
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Messages In This Thread
Thoughts on Deere (DE)? - by Kerim - 05-18-2018, 11:26 AM
RE: Thoughts on Deere (DE)? - by divmenow - 05-18-2018, 02:45 PM
RE: Thoughts on Deere (DE)? - by EricL - 05-18-2018, 03:18 PM
RE: Thoughts on Deere (DE)? - by DividendGarden - 05-21-2018, 09:56 AM
RE: Thoughts on Deere (DE)? - by ChadR - 05-21-2018, 09:58 AM
RE: Thoughts on Deere (DE)? - by Kerim - 05-21-2018, 11:53 AM
RE: Thoughts on Deere (DE)? - by DividendGarden - 05-22-2018, 04:32 PM
RE: Thoughts on Deere (DE)? - by Kerim - 05-30-2018, 01:12 PM
RE: Thoughts on Deere (DE)? - by ChadR - 05-30-2018, 02:06 PM
RE: Thoughts on Deere (DE)? - by Kerim - 05-30-2018, 08:36 PM



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