Corteva announces increase to common stock dividend
Wilmington Delaware, USA
July 21, 2021
- Action Underscores Commitment to Shareholder Value
- E. I. du Pont de Nemours and Company Announces Quarterly Dividend on Preferred Stock
Corteva, Inc. (NYSE: CTVA) today announced its Board of Directors has authorized a common stock dividend of $0.14 cents per share, payable September 15, 2021, to the Company’s shareholders of record on August 13, 2021 – representing an annualized increase of 7.7% over the Company’s previous quarterly dividend.
Corteva Chief Executive Officer Jim Collins said, “This action reflects the Board’s continued confidence in Corteva’s ability to execute – and is consistent with the Company’s operational momentum. This increase further reinforces Corteva’s stated commitment to maintaining a competitive dividend and returning value to shareholders.”
Dave Anderson, Executive Vice President and Chief Financial Officer said, “Corteva’s dividend policy is an important element of the Company’s balanced and disciplined approach to capital allocation. Anderson continued, “This increase supports our shareholder-centered approach.”
This increase marks the first increase to the Company’s cash dividend since becoming a public company in June 2019.
More news from: Corteva Agriscience
Website: http://www.corteva.com Published: July 21, 2021 |
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