NEW YORK (

TheStreet

) -- The ex-dividend date for

Deere

(NYSE:

DE

) is tomorrow, March 28, 2012. Owners of shares as of market close today will be eligible for a dividend of 46 cents per share. At a price of $83.09 as of 9:30 a.m. ET, the dividend yield is 2.3%.

The average volume for Deere has been four million shares per day over the past 30 days. Deere has a market cap of $34.86 billion and is part of the

industrial goods

sector and

industrial

industry. Shares are up 7% year to date as of the close of trading on Monday.

Deere & Company provides products and services primarily for agriculture and forestry worldwide. The company has a P/E ratio of 12, below the average industrial industry P/E ratio of 13 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Deere as a

buy

. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, revenue growth, notable return on equity and increase in net income. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full

Deere Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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