Corteva Dividends and Buybacks
Dividend criteria checks 2/6
Corteva is a dividend paying company with a current yield of 1.11% that is well covered by earnings. Next payment date is on 16th December, 2024 with an ex-dividend date of 2nd December, 2024.
Key information
1.1%
Dividend yield
2.1%
Buyback Yield
| Total Shareholder Yield | 3.2% |
| Future Dividend Yield | 1.3% |
| Dividend Growth | -10.6% |
| Next dividend pay date | 16 Dec 24 |
| Ex dividend date | 02 Dec 24 |
| Dividend per share | €0.680 |
| Payout ratio | 69% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 2X0 has been paying a dividend for less than 10 years.
Growing Dividend: 2X0's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| Corteva Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2X0) | 1.1% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Chemicals) | 5.3% |
| Analyst forecast (2X0) (up to 3 years) | 1.3% |
Notable Dividend: 2X0's dividend (1.11%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.69%).
High Dividend: 2X0's dividend (1.11%) is low compared to the top 25% of dividend payers in the German market (4.76%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (68.7%), 2X0's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (26.8%), 2X0's dividend payments are well covered by cash flows.