Corning Dividend
Dividend criteria checks 3/6
Corning is a dividend paying company with a current yield of 3.28%. Next payment date is on 3rd July, 2024 with an ex-dividend date of 29th May, 2024.
Key information
3.3%
Dividend yield
155%
Payout ratio
Industry average yield | 1.8% |
Next dividend pay date | 03 Jul 24 |
Ex dividend date | 29 May 24 |
Dividend per share | n/a |
Earnings per share | R$0.72 |
Dividend yield forecast in 3Y | 3.7% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: G1LW34's dividends per share have been stable in the past 10 years.
Growing Dividend: G1LW34's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Corning Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (G1LW34) | 3.3% |
Market Bottom 25% (BR) | 2.2% |
Market Top 25% (BR) | 8.7% |
Industry Average (Electronic) | 1.8% |
Analyst forecast in 3 Years (G1LW34) | 3.7% |
Notable Dividend: G1LW34's dividend (3.28%) is higher than the bottom 25% of dividend payers in the BR market (2.24%).
High Dividend: G1LW34's dividend (3.28%) is low compared to the top 25% of dividend payers in the BR market (8.77%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (155%), G1LW34's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (107.8%), G1LW34's dividend payments are not well covered by cash flows.