Motion Underscores Dedication to Shareholder Rate
E. I. du Pont de Nemours and Firm Broadcasts Quarterly Dividend on Preferred Inventory
WILMINGTON, Del. – WEBWIRE – Thursday, July 22, 2021
Corteva, Inc. (NYSE: CTVA) introduced its Board of Directors has approved a in vogue stock dividend of $0.14 cents per half, payable September 15, 2021, to the Firms shareholders of chronicle on August 13, 2021 representing an annualized lengthen of seven.7% over the Firms outdated quarterly dividend.
Corteva Chief Executive Officer Jim Collins said, This motion shows the Boards persisted self assurance in Cortevas capability to enact and is in step with the Firms operational momentum. This lengthen extra reinforces Cortevas acknowledged dedication to putting forward a aggressive dividend and returning tag to shareholders.
Dave Anderson, Executive Vice President and Chief Financial Officer said, Cortevas dividend policy is a a must private element of the Firms balanced and disciplined capability to capital allocation. Anderson persisted, This lengthen helps our shareholder-centered capability.
This lengthen marks the first lengthen to the Firms cash dividend since turning into a public company in June 2019.
E. I. du Pont de Nemours and Firm Broadcasts Preferred Inventory Dividend
The Board of Directors of E. I. du Pont de Nemours and Firm (EID) declared traditional most in vogue stock dividends of $1.12-1/2 per half on the $4.50 series most in vogue stock and $0.87-1/2 per half on the $3.50 series most in vogue stock each and each payable October 25, 2021 to EID stockholders of chronicle on October 8, 2021. EID is a utterly-owned subsidiary of Corteva, Inc.
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Corteva, Inc. (NYSE: CTVA) is a publicly traded, global pure-play agriculture company that presents farmers all by the arena with basically the most whole portfolio in the industry together with a balanced and numerous combine of seed, chop security and digital alternate choices targeted on maximizing productiveness to reinforce yield and profitability. With a number of of basically the most identified brands in agriculture and an industry-main product and know-how pipeline smartly positioned to pressure exclaim, the Firm is dedicated to working with stakeholders at some level of the food system as it fulfils its promise to enhance the lives of oldsters who manufacture and folks that spend, making sure development for generations to approach abet. Corteva modified into an autonomous public company on June 1, 2019, and used to be previously the Agriculture Division of DowDuPont. More knowledge is also came all by at www.corteva.com.
Cautionary Assertion About Forward-Wanting Statements
This press liberate accommodates forward-having a procure out about statements at some level of the which methodology of Fragment 21E of the Securities Alternate Act of 1934, as amended, and Fragment 27A of the Securities Act of 1933, as amended, which would perhaps be identified by their exercise of words love plans, expects, will, anticipates, believes, intends, projects, targets, estimates or utterly different words of a related which methodology. All statements that address expectations or projections about the future, together with statements about Cortevas approach for exclaim, cash waft, product construction, regulatory approval, market articulate, anticipated benefits of most long-established acquisitions, timing of anticipated benefits from restructuring actions, final result of contingencies, corresponding to litigation and environmental issues, expenditures, and monetary results, as smartly as expected benefits from, the separation of Corteva from DowDuPont, are forward-having a procure out about statements.
Forward-having a procure out about statements are per clear assumptions and expectations of future occasions that also can now no longer be dazzling or realized. Forward-having a procure out about statements also involve risks and uncertainties, many of which would perhaps be previous Cortevas withhold watch over. Consequences of cloth differences in results as when put next with those anticipated in the forward-having a procure out about statements also can consist of, amongst more than a number of issues, alternate disruption, operational concerns, monetary loss, staunch approved responsibility to third parties and a related risks, any of which can the truth is private a cloth negative perform on Cortevas alternate, results of operations and monetary situation. Additionally, there would perhaps be utterly different risks and uncertainties that Corteva is unable to at the 2nd title or that Corteva does now no longer at the 2nd demand to private a cloth impression on its alternate.
The set apart, in any forward-having a procure out about commentary, an expectation or perception as to future results or occasions is expressed, such expectation or perception is per basically the most long-established plans and expectations of Cortevas management and expressed in correct faith and believed to private an inexpensive basis, nonetheless there is also no assurance that the expectation or perception will result or be carried out or carried out. Corteva disclaims and does now no longer undertake any obligation to update or revise any forward-having a procure out about commentary, other than as required by appropriate law. A detailed discussion of a number of of the fundamental risks and uncertainties that also may cause results and occasions to differ materially from such forward-having a procure out about statements is included in Cortevas Annual Document on Invent 10-Ample for the Interval Ended December 31, 2020 filed with the U.S. Securities and Alternate Commission.
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