Corteva Increases Quarterly Dividend From $0.16 To $0.17 Per Share
Portfolio Pulse from Benzinga Newsdesk
Corteva, Inc. (NYSE:CTVA) announced an increase in its quarterly dividend from $0.16 to $0.17 per share, representing an annual increase of over 6%. The dividend is payable on September 17, 2024, to shareholders of record on September 3, 2024. This marks the fourth dividend increase since Corteva's 2019 spin-off, highlighting the company's focus on margin expansion, sustainable growth, and returning capital to shareholders.
July 29, 2024 | 12:01 pm
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Corteva, Inc. (NYSE:CTVA) has increased its quarterly dividend from $0.16 to $0.17 per share, representing an annual increase of over 6%. This is the fourth dividend increase since its 2019 spin-off, reflecting the company's focus on margin expansion, sustainable growth, and returning capital to shareholders.
The increase in the quarterly dividend is a positive signal to investors, indicating strong financial health and a commitment to returning capital to shareholders. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100