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Corteva Increases Quarterly Dividend for Fourth Consecutive Year

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Corteva, Inc. (NYSE: CTVA) has announced a 6% increase in its quarterly dividend, marking the fourth consecutive year of dividend growth since its 2019 spin-off. The new dividend of $0.17 per share will be payable on September 17, 2024, to shareholders of record as of September 3, 2024. This increase reflects Corteva's commitment to returning capital to shareholders and its focus on driving margin expansion and sustainable long-term growth through innovation, customer engagement, and operational execution.

Additionally, EIDP, Inc., a wholly owned subsidiary of Corteva, declared dividends on its preferred stock series: $1.12-1/2 per share on the $4.50 series and $0.87-1/2 per share on the $3.50 series, both payable on October 25, 2024, to stockholders of record on October 4, 2024.

Corteva, Inc. (NYSE: CTVA) ha annunciato un aumento del 6% del suo dividendo trimestrale, segnando il quarto anno consecutivo di crescita dei dividendi dalla sua separazione nel 2019. Il nuovo dividendo di $0,17 per azione sarà pagabile il 17 settembre 2024, agli azionisti registrati al 3 settembre 2024. Questo aumento riflette l'impegno di Corteva per restituire capitale agli azionisti e il suo focus su espansione dei margini e crescita sostenibile a lungo termine attraverso innovazione, coinvolgimento dei clienti e execution operativa.

Inoltre, EIDP, Inc., una controllata interamente di Corteva, ha dichiarato dividendi sulla sua serie di azioni privilegiate: $1,12-1/2 per azione sulla serie $4,50 e $0,87-1/2 per azione sulla serie $3,50, entrambi pagabili il 25 ottobre 2024, agli azionisti registrati il 4 ottobre 2024.

Corteva, Inc. (NYSE: CTVA) ha anunciado un aumento del 6% en su dividendo trimestral, marcando el cuarto año consecutivo de crecimiento del dividendo desde su escisión en 2019. El nuevo dividendo de $0.17 por acción se pagará el 17 de septiembre de 2024, a los accionistas registrados a partir del 3 de septiembre de 2024. Este aumento refleja el compromiso de Corteva de devolver capital a los accionistas y su enfoque en impulsar la expansión de márgenes y el crecimiento sostenible a largo plazo a través de la innovación, el compromiso con los clientes y la ejecución operativa.

Además, EIDP, Inc., una subsidiaria de propiedad total de Corteva, declaró dividendos sobre su serie de acciones preferentes: $1.12-1/2 por acción en la serie de $4.50 y $0.87-1/2 por acción en la serie de $3.50, ambos pagaderos el 25 de octubre de 2024, a los accionistas registrados el 4 de octubre de 2024.

Corteva, Inc. (NYSE: CTVA)는 6% 증가를 발표했습니다, 이를 통해 2019년 분할 이후 4년 연속 배당금 성장을 기록하게 됩니다. 새로운 배당금인 $0.17 주당은 2024년 9월 17일에 지급되며, 2024년 9월 3일 기준으로 기록된 주주에게 지급됩니다. 이번 증가는 Corteva의 주주에게 자본 환원에 대한 의지와 혁신, 고객 참여, 운영 실행을 통해 마진 확대 및 지속 가능한 장기 성장에 집중하고 있음을 반영합니다.

추가적으로, Corteva의 완전 자회사인 EIDP, Inc.는 우선주 시리즈에 대한 배당금을 선언했습니다: $4.50 시리즈당 $1.12-1/2 및 $3.50 시리즈당 $0.87-1/2, 두 가지 모두 2024년 10월 25일에 지급되며, 2024년 10월 4일 기준으로 주주에게 지급됩니다.

Corteva, Inc. (NYSE: CTVA) a annoncé une augmentation de 6% de son dividende trimestriel, marquant la quatrième année consécutive de croissance des dividendes depuis sa scission en 2019. Le nouveau dividende de 0,17 $ par action sera payable le 17 septembre 2024, aux actionnaires enregistrés au 3 septembre 2024. Cette augmentation reflète l'engagement de Corteva à restituer du capital aux actionnaires et son objectif de stimuler l'expansion des marges et la croissance durable à long terme grâce à l'innovation, l'engagement des clients et l'exécution opérationnelle.

De plus, EIDP, Inc., une filiale entièrement détenue de Corteva, a déclaré des dividendes sur sa série d'actions privilégiées : 1,12-1/2 $ par action pour la série de 4,50 $ et 0,87-1/2 $ par action pour la série de 3,50 $, tous deux payables le 25 octobre 2024, aux actionnaires enregistrés le 4 octobre 2024.

Corteva, Inc. (NYSE: CTVA) hat eine 6% Steigerung seiner vierteljährlichen Dividende angekündigt, was das vierte Jahr in Folge des Dividendenwachstums seit der Abspaltung im Jahr 2019 markiert. Die neue Dividende von $0,17 pro Aktie wird am 17. September 2024 an die Aktionäre ausgezahlt, die am 3. September 2024 im Register stehen. Diese Erhöhung spiegelt Cortevas Engagement wider, Kapital an die Aktionäre zurückzugeben und sich auf Wachstum der Margen und nachhaltiges langfristiges Wachstum durch Innovation, Kundenbindung und operative Durchführung zu konzentrieren.

Zusätzlich hat EIDP, Inc., eine vollständig im Eigentum von Corteva stehende Tochtergesellschaft, Dividenden auf ihre Vorzugsaktienreihe erklärt: $1,12-1/2 pro Aktie für die Serie $4,50 und $0,87-1/2 pro Aktie für die Serie $3,50, die beide am 25. Oktober 2024 an die Aktionäre ausgezahlt werden, die am 4. Oktober 2024 im Register stehen.

Positive
  • Quarterly dividend increased by 6% to $0.17 per share
  • Fourth consecutive year of dividend growth since 2019 spin-off
  • Demonstrates commitment to returning capital to shareholders
  • Indicates confidence in margin expansion and sustainable long-term growth
Negative
  • None.

INDIANAPOLIS, July 29, 2024 /PRNewswire/ -- Corteva, Inc. (NYSE: CTVA) today announced its Board of Directors has authorized a common stock dividend of $0.17 per share, representing an annual increase of more than 6% over the company's previous quarterly dividend and payable September 17, 2024 to the company's shareholders of record on September 3, 2024. This is Corteva's fourth dividend increase since its 2019 spin-off and a result of the company's firm focus on driving margin expansion and sustainable long-term growth through industry-leading innovation, high-touch customer engagement, together with disciplined operational execution. The announcement reflects Corteva's continued focus on returning capital to shareholders.

EIDP, Inc. Announces Preferred Stock Dividend

The Board of Directors of EIDP, Inc. (formerly known as E. I. du Pont de Nemours and Company) (EIDP) declared regular preferred stock dividends of $1.12-1/2 per share on the $4.50 series preferred stock and $0.87-1/2 per share on the $3.50 series preferred stock – both payable October 25, 2024, to EID stockholders of record on October 4, 2024. EIDP, Inc. is a wholly owned subsidiary of Corteva, Inc.

About Corteva 
Corteva, Inc. (NYSE: CTVA) is a global pure-play agriculture company that combines industry-leading innovation, high-touch customer engagement and operational execution to profitably deliver solutions for the world's most pressing agriculture challenges. Corteva generates advantaged market preference through its unique distribution strategy, together with its balanced and globally diverse mix of seed, crop protection, and digital products and services. With some of the most recognized brands in agriculture and a technology pipeline well positioned to drive growth, the company is committed to maximizing productivity for farmers, while working with stakeholders throughout the food system as it fulfills its promise to enrich the lives of those who produce and those who consume, ensuring progress for generations to come. More information can be found at www.corteva.com.

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SOURCE Corteva, Inc.

FAQ

What is Corteva's new quarterly dividend amount for 2024?

Corteva's new quarterly dividend is $0.17 per share, representing a 6% increase over the previous quarterly dividend.

When will Corteva (CTVA) pay its newly announced dividend?

Corteva will pay the newly announced dividend on September 17, 2024, to shareholders of record as of September 3, 2024.

How many consecutive years has Corteva (CTVA) increased its dividend?

Corteva has increased its dividend for four consecutive years since its spin-off in 2019.

What does Corteva's dividend increase indicate about the company's performance?

The dividend increase indicates Corteva's focus on driving margin expansion, sustainable long-term growth, and its commitment to returning capital to shareholders.

Corteva, Inc.

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