Motley Fool

3 Dividend Raises You Can Still Take Advantage of

With that in mind, here are three recent dividend raises by well-established companies: Deere & Company (NYSE: DE), Illinois Tool Works (NYSE: ITW), and Verizon Communications (NYSE: VZ). Fueled by higher commodity prices and, consequently, more capital in the agricultural sector, leading farm equipment specialist Deere & Company has been on a tear lately. Both revenue and profitability have climbed well higher in recent quarters; in its third quarter of fiscal 2021, for instance, Deere managed to grow revenue a very robust 29% year over year to $11.5 billion, while net income more than doubled to almost $1.7 billion.

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