Corteva, Inc. Plans Quarterly Dividend of $0.18 (NYSE:CTVA)

Corteva, Inc. (NYSE:CTVA) declared a quarterly dividend on Friday, July 24th. Investors of record on Tuesday, September 1st will be paid a dividend of 0.18 per share on Tuesday, September 15th. This represents a c) dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Tuesday, September 1st.

Corteva has raised its dividend by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 5 consecutive years. Corteva has a dividend payout ratio of 20.5% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Corteva to earn $4.09 per share next year, which means the company should continue to be able to cover its $0.72 annual dividend with an expected future payout ratio of 17.6%.

Corteva Stock Performance

NYSE CTVA opened at $89.23 on Friday. The firm has a market capitalization of $59.68 billion, a P/E ratio of 52.49, a price-to-earnings-growth ratio of 2.69 and a beta of 0.56. The company has a current ratio of 1.47, a quick ratio of 1.03 and a debt-to-equity ratio of 0.07. The firm’s fifty day moving average price is $81.39 and its two-hundred day moving average price is $78.91. Corteva has a 1 year low of $60.53 and a 1 year high of $89.39.

Corteva (NYSE:CTVA) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $1.50 EPS for the quarter, beating analysts’ consensus estimates of $1.18 by $0.32. The company had revenue of $4.91 billion during the quarter, compared to the consensus estimate of $4.64 billion. Corteva had a net margin of 6.50% and a return on equity of 9.95%. The company’s quarterly revenue was up 11.0% on a year-over-year basis. During the same quarter last year, the firm posted $1.13 EPS. Corteva has set its FY 2026 guidance at 3.450-3.700 EPS. As a group, research analysts anticipate that Corteva will post 3.76 EPS for the current year.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Elevation Wealth Partners LLC grew its stake in shares of Corteva by 334.6% in the second quarter. Elevation Wealth Partners LLC now owns 339 shares of the company’s stock valued at $29,000 after acquiring an additional 261 shares in the last quarter. JPL Wealth Management LLC bought a new stake in Corteva in the 3rd quarter valued at about $25,000. Westfuller Advisors LLC grew its position in shares of Corteva by 2,764.3% during the 1st quarter. Westfuller Advisors LLC now owns 401 shares of the company’s stock worth $34,000 after purchasing an additional 387 shares in the last quarter. Garton & Associates Financial Advisors LLC bought a new position in shares of Corteva during the fourth quarter worth approximately $27,000. Finally, Bank of Jackson Hole Trust acquired a new stake in shares of Corteva in the fourth quarter valued at approximately $28,000. Institutional investors own 81.54% of the company’s stock.

Corteva Company Profile

Corteva, Inc (NYSE: CTVA) is an independent global agriculture company that was established as a publicly traded firm in mid‑2019 following the separation of the agriculture businesses from DowDuPont. The company focuses on delivering technologies and products that help farmers increase productivity and manage crop health. Corteva’s operations combine seed genetics, crop protection chemistries, digital tools and biological solutions to address the full cycle of crop production.

Core business activities include research and development of seed genetics and trait technologies, formulation and sale of crop protection products (such as herbicides, insecticides and fungicides), and the development of seed treatments and biologicals.