Corteva’s board approves 7% dividend increase

Corteva Inc.
CTVA,
-0.30%
said Friday that its board has authorized a 7% dividend increase, to 16 cents a share. The dividend is payable Sept. 15 to shareholders of record on Sept. 1, the agricultural chemical and seed company said. The dividend increase, Corteva’s third since its 2019 spin-off from then DowDupont, is the “result of the company’s firm focus on driving margin expansion and sustainable long-term growth,” it said.