Corteva Sees Dividend Payment as Major Investors Increase Stakes
Harris Associates L P increased its Corteva holding to 17,026,221 shares, worth about $1,141,268,000, after buying 10,675,052 additional shares in the last quarter. Norges Bank also bought a new stake worth roughly $504,001,000. Corteva shares rose 1.0%, and analysts reiterated Buy and Hold ratings amid higher price targets. Corteva’s quarterly dividend of $0.18 per share is due Sept. 15 to holders of record Sept. 1.