Corteva, Inc. Announces Dividend Increase to Reflect Ongoing Expansion Efforts
Corteva, Inc (NYSE: CTVA) announces a $0.17 per share quarterly common stock dividend authorized by its Board of Directors today. This equates to more than a 6% annual raise over the previous quarterly payout by companywide profits. The dividend is payable on September 17th, 2024 to shareholders of record as of September 3rd, 2024. Following the company’s split from DowDuPont in June 2019 this would be their fourth consecutive increase in dividends which demonstrates the commitment towards returning capital and generating sustainable long term growth for investors.
Sustained Growth and Innovation
Corteva Inc attributes its sustained growth rate mainly due strategic focus on margin expansion; industry best innovation capability; high-touch customer engagement model as well disciplined operational execution standards.’’ Our mission is profitable solutions through global agriculture challenges ensuring continuous progress while keeping productivity levels for farmers at maximum capacity’’, said Executive Vice President James C. Collins Jr., who leads all operations outside United States region added that ‘‘Our vision is enriching life globally for producers and consumers alike through food system improvement’’.
Preferred Stock Dividends Declared by EIDP, Inc.
Meanwhile EIDP (formerly known as E.I du Pont de Nemours & Company), wholly owned subsidiary corporation under control or management by Corteva announced regular preferred stocks dividend payouts including but not limited to $1-2/14 per share on $4.50 series preferred stocks alongside eighty-seven cents half a penny each second third series preferred shares 25 October 2025 date payment record holder being 4th October 2024.
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