Corteva is a dividend paying company with a current yield of 1.14% that is well covered by earnings. Next payment date is on 18th June, 2024 with an ex-dividend date of 4th June, 2024.
Key information
1.1%
Dividend yield
65%
Payout ratio
Industry average yield
5.0%
Next dividend pay date
18 Jun 24
Ex dividend date
04 Jun 24
Dividend per share
n/a
Earnings per share
€1.00
Dividend yield forecast in 3Y
1.4%
Recent dividend 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
How does 2X0 dividend yield compare to the market?
Segment
Dividend Yield
Company (2X0)
1.1%
Market Bottom 25% (DE)
1.7%
Market Top 25% (DE)
4.6%
Industry Average (Chemicals)
5.0%
Analyst forecast in 3 Years (2X0)
1.4%
Notable Dividend: 2X0's dividend (1.14%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.66%).
High Dividend: 2X0's dividend (1.14%) is low compared to the top 25% of dividend payers in the German market (4.59%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (64.7%), 2X0's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (23.7%), 2X0's dividend payments are well covered by cash flows.