After going practically nowhere for more than three years, shares of Deere (DE -0.63%) finally blasted to a new all-time high on Nov. 25 after the company reported its fiscal fourth-quarter and 2024 results (for the periods ended Oct. 27). But Deere's net income fell by more than 30% in fiscal 2024, and management is projecting even lower earnings in fiscal 2025.Here's why Deere stock is going up while its earnings are going down, and why it remains an excellent dividend stock to buy now. Expectations are e ...