DE vs PNR: Dividend Comparison
Dividend data as of
Deere & Co (DE) and PENTAIR plc (PNR) are both in the Industrials sector, making them natural rivals for dividend investors. Both stocks offer similar yields — DE at 1.09% and PNR at 1.01%. Both stocks show similar dividend growth rates, each around 13.5% over the past five years. Both stocks carry a "Safe" dividend safety rating. DE is a Dividend Challenger with 5 years of consecutive increases.
Verdict
Yield Analysis
DE yields 0.08% more than PNR. In dollar terms, DE pays $6.48/share vs PNR's $1.00/share annually.
Dividend Growth
DE: Dividend growth is slowing — the 3-year CAGR of 10.4% trails the 5-year rate of 13.5% and the 10-year rate of 11.7%.
PNR: Dividend growth is accelerating — the 3-year CAGR of 23.1% exceeds the 5-year rate of 13.6% and the 10-year rate of 4.4%.
Dividend Safety
DE: The payout ratio of 35% is well within sustainable levels, leaving room for future increases. Earnings cover the dividend 2.9x.
PNR: The payout ratio of 25% is well within sustainable levels, leaving room for future increases. Earnings cover the dividend 3.9x.
Estimated Annual Dividend Income
Based on current dividend yields. Actual income may vary.
What does $10,000 buy in DE vs PNR today?
At $606.06 per share, $10,000 buys about 16.5 shares of Deere & Co (DE). Each share pays $6.48 per year in dividends, so the position starts out generating roughly $107 per year — about $9 a month.
At $101.30 per share, $10,000 buys about 98.7 shares of PENTAIR plc (PNR). Each share pays $1.00 per year in dividends, so the position starts out generating roughly $99 per year — about $8 a month.
On day one the two positions generate nearly identical income; the difference comes from what happens to each dividend afterward.
What could $10,000 of DE or PNR income look like in 10 years?
Deere & Co (DE) has raised its dividend about 13.5% a year over the past five years. If that pace held, the $109 per year that $10,000 generates today at the current 1.09% yield would reach $388 per year by 2036 — a 3.9% yield on the original cost.
PENTAIR plc (PNR) has raised its dividend about 13.6% a year over the past five years. If that pace held, the $101 per year that $10,000 generates today at the current 1.01% yield would reach $364 per year by 2036 — a 3.6% yield on the original cost.
On those trailing rates, DE pays more in 2036: $388 versus $364 per year. The projection assumes each five-year growth rate persists and no dividends are reinvested — real payouts will differ.
When would PNR's dividend growth overtake DE's higher yield?
It doesn't, on the trailing numbers. Deere & Co (DE) yields more today (1.09% vs 1.01%) and has also grown its dividend at least as fast (13.5% vs 13.6% a year over five years). Unless PNR accelerates its raises or DE stumbles, PNR never closes the income gap — DE wins on both current income and growth.
Can DE and PNR afford their dividends?
Deere & Co (DE) earns $18.51 per share against $6.48 paid out in dividends — 2.9x coverage (a 35% payout ratio).
PENTAIR plc (PNR) earns $3.93 per share against $1.00 paid out in dividends — 3.9x coverage (a 25% payout ratio).
PNR's wider coverage leaves more cushion if earnings dip. As a rule of thumb, coverage below about 1.5x (a payout ratio above ~65%) is where a dividend starts to look stretched — worth watching for DE if earnings weaken.
Which fits an early-retirement income portfolio better, DE or PNR?
For income you need right now, Deere & Co (DE) leads: $100,000 invested today pays about $91 a month at the current 1.09% yield, versus $85 a month from PENTAIR plc (PNR) at 1.01%.
On consistency: DE has raised its dividend 5 consecutive years.
Many income investors simply hold both — the mix pairs current yield with growth and spreads single-name risk. Whichever way you lean, dividends are never guaranteed; recheck the payout each quarter rather than setting and forgetting.
$10,000 with DRIP: projected annual income
If each holding keeps raising its dividend at its real 5-year rate and every payment is reinvested, a $10,000 position pays $433/yr in DE vs $402/yr in PNR by year 10.
Assumes dividends are reinvested at the current yield and grow at each holding's trailing 5-year dividend CAGR. A projection, not a prediction — no price appreciation modeled.
Track DE and PNR in your portfolio
See your real income from both — forward projections, yield on cost, and dividend safety signals. Sync your brokerage free for 30 days, or track holdings manually on the free plan.
Frequently Asked Questions
Related Resources
Individual Stock Analysis
Dividend Tools
Track Your Dividends
More Comparisons
This tool is for educational and informational purposes only and does not constitute investment, financial, tax, or legal advice. Consult a licensed professional before making investment decisions.
Past performance does not guarantee future results. All projections are hypothetical estimates based on user-provided inputs and may differ materially from actual outcomes.
By using this tool you agree to our Terms of Service and Privacy Policy.