In trading on Tuesday, shares of Corteva Inc’s $3.50 Series Cumulative Preferred Stock (Symbol: CTA.PRA) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $3.50), with shares changing hands as low as $61.87 on the day. This compares to an average yield of 5.75% in the “Materials” preferred stock category, according to Preferred Stock Channel. As of last close, CTA.PRA was trading at a 35.36% discount to its liquidation preference amount, versus the average discount of 30.69% in the “Materials” category.
The chart below shows the one year performance of CTA.PRA shares, versus CTVA:
Below is a dividend history chart for CTA.PRA, showing historical dividend payments on Corteva Inc’s $3.50 Series Cumulative Preferred Stock:
Free Report: Top 8%+ Dividends (paid monthly)
In Tuesday trading, Corteva Inc’s $3.50 Series Cumulative Preferred Stock (Symbol: CTA.PRA) is currently down about 3.2% on the day, while the common shares (Symbol: CTVA) are off about 0.5%.
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