Corteva increases quarterly dividend 7% to 16c per share

Corteva announced its board of directors has authorized a common stock dividend of 16c per share, representing an annualized increase of approximately 7% over the company’s previous quarterly dividend and payable September 15 to the company’s shareholders of record on September 1. “This is the Corteva’s third 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. This announcement reflects the company’s continued focus on returning capital to shareholders,” Corteva stated.