Corning Dividends and Buybacks
Dividend criteria checks 3/6
Corning is a dividend paying company with a current yield of 2.37%.
Key information
2.4%
Dividend yield
0.4%
Buyback Yield
| Total Shareholder Yield | 2.7% |
| Future Dividend Yield | 2.7% |
| Dividend Growth | 3.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$1.120 |
| Payout ratio | 612% |
Recent dividend and buyback updates
Corning (NYSE:GLW) Has Affirmed Its Dividend Of $0.28
Nov 05
Corning (NYSE:GLW) Is Due To Pay A Dividend Of $0.28
Oct 19Corning (NYSE:GLW) Is Due To Pay A Dividend Of $0.28
Oct 05Corning's (NYSE:GLW) Dividend Will Be $0.28
Aug 20Recent updates
Is Corning Incorporated (NYSE:GLW) Trading At A 26% Discount?
Dec 03Corning (NYSE:GLW) Has Affirmed Its Dividend Of $0.28
Nov 05Corning Q3 2024 Earnings Review: EPS And Revenue Beat, Guidance Increased
Oct 29Corning (NYSE:GLW) Is Due To Pay A Dividend Of $0.28
Oct 19Corning (NYSE:GLW) Is Due To Pay A Dividend Of $0.28
Oct 05Generative AI And Springboard Plan Drive Higher Corning Earnings
Sep 17Corning's (NYSE:GLW) Dividend Will Be $0.28
Aug 20Corning: Bullish AI Catalysts From Partners Lumen And Google
Aug 14Some Investors May Be Willing To Look Past Corning's (NYSE:GLW) Soft Earnings
Aug 09Corning (NYSE:GLW) Will Pay A Dividend Of $0.28
Jul 22What To Do After Corning Shares Rallied
Jul 09Corning (NYSE:GLW) Has Affirmed Its Dividend Of $0.28
Jun 29Corning: Better Days Are Ahead
Jun 25Investors Appear Satisfied With Corning Incorporated's (NYSE:GLW) Prospects
Jun 07Corning: The Rally Is Just Getting Started
Jun 03Corning's (NYSE:GLW) Dividend Will Be $0.28
May 22Investors Could Be Concerned With Corning's (NYSE:GLW) Returns On Capital
May 14Corning: Earnings Recovery To Monitor
May 02Corning: Near-Term Weakness But Considerable Long-Term Opportunities
Apr 16An Intrinsic Calculation For Corning Incorporated (NYSE:GLW) Suggests It's 23% Undervalued
Apr 11At US$32.96, Is Corning Incorporated (NYSE:GLW) Worth Looking At Closely?
Mar 30We Think Corning (NYSE:GLW) Is Taking Some Risk With Its Debt
Mar 18Corning: Great Time To Seize This Hidden AI Opportunity
Feb 13Investors Can Find Comfort In Corning's (NYSE:GLW) Earnings Quality
Feb 07Corning (NYSE:GLW) Has Some Difficulty Using Its Capital Effectively
Feb 04Corning: A Growth Story With Reasonable Valuation
Jan 30The Price Is Right For Corning Incorporated (NYSE:GLW)
Jan 23Corning: Recent Weakness Provides Good Buying Opportunities
Jan 13Is Corning Incorporated (NYSE:GLW) Trading At A 34% Discount?
Dec 29Corning: Strike While The Glass Is Hot
Dec 06Corning: Stock Price Decline Is Justified
Nov 28Corning: Assessing Growth Prospects Amid Economic Uncertainties
Oct 31Corning: Supportive Megatrends Coupled With A Recovery Story
Oct 17Corning: Glass Technologies Behind AI And Consumer Devices Will Drive Q3 2023
Sep 27Corning: There Is Still Time To Accumulate Shares
Aug 28Corning: A Timeless Gem Poised For A Comeback
Aug 22Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GLW's dividends per share have been stable in the past 10 years.
Growing Dividend: GLW's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Corning Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GLW) | 2.4% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Electronic) | 2.4% |
| Analyst forecast (GLW) (up to 3 years) | 2.7% |
Notable Dividend: GLW's dividend (2.37%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: GLW's dividend (2.37%) is low compared to the top 25% of dividend payers in the US market (4.51%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (611.5%), GLW's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (92.3%), GLW's dividend payments are not well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:57 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Corning Incorporated is covered by 46 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| James Kelleher | Argus Research Company |
| Ishan Majumdar | Baptista Research |
| Amir Rozwadowski | Barclays |