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0 -0.00187780548628425 0 0 -0.00586034912718203 -0.0162718204488777 -0.0130922693266833 -0.015211970074813
Stock impact report

Corteva Splitting Up: One Preferred Keeps Its Strong Buy Rating [Seeking Alpha]

Corteva, Inc. (CTVA) 
Last corteva, inc. earnings: 1/30 06:00 am Check Earnings Report
Company Research Source: Seeking Alpha
Both CTA.PR.A and CTA.PR.B preferreds offer yields above 6.4%, investment-grade ratings, and cumulative dividends, with low call risk due to high call prices. Despite uncertainty from the split, strong equity coverage and net income over 40x dividend requirements support a minimum Buy rating for both preferred shares. CTA-B is rated a Strong Buy, CT-A a Buy. Preferreds provide fixed-rate, non-financial sector diversification, though investors should monitor post-split capitalization and balance sheet changes. Looking for a portfolio of ideas like this one? Members of iREIT®+HOYA Capital get exclusive access to our subscriber-only portfolios. Learn More » jetcityimage/iStock Editorial via Getty Images Introduction While I really dislike investing in uncertainty, and Corteva, Inc. ( CTVA ) having announced they are dividing into two companies definitely qualifies. I reviewed both of its preferred stocks last fall, as More on my IG service Read The Full Report on iREIT®+ Show less Read more
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