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Corteva Increases Quarterly Dividend for Fourth Consecutive Year
CTVACorteva(CTVA) Prnewswire·2024-07-29 12:00

Company Overview - Corteva, Inc. is a global pure-play agriculture company focused on delivering solutions for pressing agricultural challenges through innovation, customer engagement, and operational execution [5] - The company has a diverse mix of seed, crop protection, and digital products and services, supported by a unique distribution strategy [5] Dividend Announcement - Corteva's Board of Directors has authorized a common stock dividend of 0.17pershare,markinganannualincreaseofover60.17 per share, marking an annual increase of over 6% compared to the previous quarterly dividend [3] - This dividend is scheduled to be paid on September 17, 2024, to shareholders of record on September 3, 2024 [3] - This marks Corteva's fourth dividend increase since its 2019 spin-off, reflecting the company's commitment to returning capital to shareholders [3] Preferred Stock Dividend - EIDP, Inc. declared regular preferred stock dividends of 1.12-1/2 per share on the 4.50seriespreferredstockand4.50 series preferred stock and 0.87-1/2 per share on the $3.50 series preferred stock [4] - These dividends are payable on October 25, 2024, to EID stockholders of record on October 4, 2024 [4]