Corteva's last quarterly dividend of $0.15 per share was on Nov 10, 2022 (ex-date). The annualized dividend payment of $0.58 per share represents a current dividend yield of 0.91%.
CTVA has a dividend yield of 0.91% which is below the Basic Materials sector and the industry average. Compared to its Basic Materials sector average of 1.8%, Corteva's dividend yield is 49% lower.
Corteva has a history of paying dividends since 2019. Our records of CTVA show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 7% since one year ago. But with the stock price up by 34% from a year ago, the dividend yield marks a decrease of 20%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Nov 10, 2022 | Dec 15, 2022 | Oct 28, 2022 | $0.15 | normal |
| Aug 11, 2022 | Sep 15, 2022 | Jul 22, 2022 | $0.15 | normal |
| May 12, 2022 | Jun 15, 2022 | Apr 29, 2022 | $0.14 | normal |
| Feb 28, 2022 | Mar 15, 2022 | Jan 28, 2022 | $0.14 | normal |
| Nov 10, 2021 | Dec 15, 2021 | Oct 29, 2021 | $0.14 | normal |
| Aug 12, 2021 | Sep 15, 2021 | Jul 21, 2021 | $0.14 | normal |
| May 13, 2021 | Jun 15, 2021 | Apr 30, 2021 | $0.13 | normal |
| Feb 26, 2021 | Mar 15, 2021 | Jan 21, 2021 | $0.13 | normal |
| Nov 12, 2020 | Dec 15, 2020 | Nov 2, 2020 | $0.13 | normal |
| Aug 13, 2020 | Sep 15, 2020 | Jul 15, 2020 | $0.13 | normal |
| May 14, 2020 | Jun 15, 2020 | Apr 28, 2020 | $0.13 | normal |
| Mar 2, 2020 | Mar 13, 2020 | Feb 21, 2020 | $0.13 | normal |
| Nov 27, 2019 | Dec 18, 2019 | Oct 9, 2019 | $0.13 | normal |
| Jul 30, 2019 | Sep 13, 2019 | Jun 26, 2019 | $0.13 | normal |
CTVA has a payout ratio of 30.9% which is higher than the Basic Materials sector and the industry average. If we compare it with the Basic Materials sector average of 27.3%, Corteva's payout ratio is 13% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| TSCO Tractor Supply Co | 1.63% | $3.68 | 39.7% |
| CTVA Corteva Inc | 0.91% | $0.58 | 30.9% |
Yes, Corteva has been paying dividends for the last three years.
Currently CTVA's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in February 2023.
Corteva's last dividend ex-date was on Nov 10, 2022. The dividend amount was $0.15 per share.
CTVA's annualized dividend per share is $0.58.
Corteva's current dividend yield is 0.91%.
Corteva pays dividends quarterly.
The dividend payout ratio of Corteva is 30.9%.
Corteva's dividend yield is below the Basic Materials sector average.