14 Best Food Dividend Stocks To Buy According to Analysts

3. Corteva, Inc. (NYSE:CTVA)

Analyst Upside Potential as of October 5: 29.2%

Corteva, Inc. (NYSE:CTVA) serves the global farming community with its focused portfolio of seeds and crop protection products. Its Seed business segment provides high-performance, advanced hybrid seeds of corn and soybeans that aim to enhance yield and resilience. The Crop Protection business provides crop protection solutions, including herbicides, fungicides, insecticides, and biologics, which protect crops from pests and diseases.

Innovation is key for Corteva, Inc. (NYSE:CTVA). The company is staying competitive within the industry by developing new seed genetics and crop protection technologies. It is also expanding its product pipeline, growing its market, handling its regulatory requirements, and managing its supply chain. The company also stresses its global scale— its non-US operations represent about 70% of its revenues, and it operates in some 110 countries, catering to farmers’ needs that differ dramatically around the globe.

Corteva, Inc. (NYSE:CTVA) declared a 6% increase in its quarterly dividend to $0.18 per share. This was the company’s fifth consecutive year of dividend hike since its spin-off in 2019. As of October 5, the stock has a dividend yield of 1.14%.