Corteva, Inc. (CTVA) To Go Ex-Dividend on September 1st

Corteva, Inc. (NYSE:CTVA) announced a quarterly dividend on Friday, July 24th. Stockholders of record on Tuesday, September 1st will be given a dividend of 0.18 per share on Tuesday, September 15th. This represents a c) annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Tuesday, September 1st.

Corteva has increased 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. Research analysts expect Corteva to earn $3.96 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 18.2%.

Corteva Trading Up 1.9%

Shares of CTVA opened at $84.00 on Friday. Corteva has a 1-year low of $60.53 and a 1-year high of $90.97. The company has a current ratio of 1.52, a quick ratio of 1.10 and a debt-to-equity ratio of 0.07. The firm’s 50-day moving average price is $82.69 and its 200-day moving average price is $80.54. The firm has a market capitalization of $56.04 billion, a price-to-earnings ratio of 55.63, a PEG ratio of 2.58 and a beta of 0.57.

Corteva (NYSE:CTVA) last issued its quarterly earnings data on Thursday, July 30th. The company reported $2.30 EPS for the quarter, topping the consensus estimate of $2.24 by $0.06. The business had revenue of $6.38 billion during the quarter, compared to analyst estimates of $6.60 billion. Corteva had a net margin of 5.66% and a return on equity of 10.18%. Corteva’s quarterly revenue was down 1.2% compared to the same quarter last year. During the same period last year, the business posted $2.20 earnings per share. Corteva has set its FY 2026 guidance at 3.600-3.800 EPS. Sell-side analysts anticipate that Corteva will post 3.72 EPS for the current year.

Institutional Trading of Corteva

Several large investors have recently modified their holdings of the company. Brighton Jones LLC grew its stake in shares of Corteva by 307.2% during the 4th quarter. Brighton Jones LLC now owns 15,588 shares of the company’s stock valued at $888,000 after purchasing an additional 11,760 shares during the period. Woodline Partners LP lifted its stake in shares of Corteva by 40.3% in the 1st quarter. Woodline Partners LP now owns 57,919 shares of the company’s stock worth $3,645,000 after purchasing an additional 16,644 shares during the period. EverSource Wealth Advisors LLC boosted its holdings in shares of Corteva by 62.1% in the second quarter. EverSource Wealth Advisors LLC now owns 2,559 shares of the company’s stock worth $191,000 after buying an additional 980 shares during the last quarter. Cresset Asset Management LLC grew its position in Corteva by 2.6% during the second quarter. Cresset Asset Management LLC now owns 7,063 shares of the company’s stock valued at $526,000 after buying an additional 181 shares during the period. Finally, Jump Financial LLC bought a new stake in Corteva during the second quarter valued at approximately $1,464,000. Institutional investors own 81.54% of the company’s stock.

About Corteva

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.