Corteva (CTVA) To Go Ex-Dividend on July 30th
Corteva (NASDAQ:CTVA) announced a quarterly dividend on Wednesday, June 26th, NASDAQ reports. Investors of record on Wednesday, July 31st will be paid a dividend of 0.13 per share on Friday, September 13th. This represents a $0.52 annualized dividend and a yield of 1.83%. The ex-dividend date of this dividend is Tuesday, July 30th.
Shares of NASDAQ:CTVA opened at $28.48 on Friday. The firm has a 50-day moving average price of $27.43. Corteva has a fifty-two week low of $24.35 and a fifty-two week high of $32.00.
Several brokerages recently weighed in on CTVA. Royal Bank of Canada cut their price objective on shares of from GBX 80 ($1.05) to GBX 75 ($0.98) and set an “outperform” rating on the stock in a research report on Thursday, June 20th. Deutsche Bank upgraded shares of Corteva from a “hold” rating to a “buy” rating and lifted their price objective for the company from $30.00 to $32.00 in a research report on Sunday, June 16th. Citigroup upgraded shares of Atara Biotherapeutics from a “sell” rating to a “neutral” rating and lifted their price objective for the company from $23.00 to $24.00 in a research report on Monday, June 3rd. Barclays reiterated a “buy” rating and issued a $65.00 price objective on shares of Owens Corning in a research report on Monday, July 1st. Finally, Nomura began coverage on shares of Corteva in a research report on Monday, June 10th. They issued a “neutral” rating and a $28.00 price objective on the stock. One analyst has rated the stock with a sell rating, ten have given a hold rating and six have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $30.79.
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