Corning Inc. (GLW) Dividends

Corning Inc. (GLW): $31.91

0.40 (+1.27%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

Dividend Yield and Dividend History Highlights

  • GLW has a compound annual growth rate of its cash flow of -0.16%, higher than about 8.74% stocks in our dividend set.
  • To help you reduce price risk in your dividend portfolio, here are the dividend stocks that are least correlated with GLW's price: RDY, ES, COR, VLGEA and WMT.
GLW Ex-Dividend Date
GLW Dividend Yield
3.38%
GLW Annual Dividend
$1.08
GLW Payout Ratio

GLW Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$31.91$29.16 -22.33%

A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. In the case of GLW, the dividend discount model StockNews created for the company implies a negative return of 22.33%. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Corning Inc are:

  • As for its position relative to other Technology stocks that issue dividends, Corning Inc offers a higher dividend yield than 85.83% of them.
  • If we compare the valuation opportunity a dividend discount model provides relative to other dividend stocks in the Technology sector, the expected return of -22.33%, based on the stock's current share price and target price based on a dividend discount model, is greater than 74.02% of the DDM-forecasted return of its its sector peers.
  • Out of all stocks in our universe of US-listed dividend-issuing stocks, GLW has a discount rate lower than 74.02% of them (a lower discount rate is associated with lower risk).
  • A stock's beta generally indicates its volatility relative to the broader equity market; for Corning Inc, its beta is lower than 26.61% of dividend issuing stocks we observed.

GLW Dividend Chart


GLW Dividend History

Ex-Dividend Date Type Payout Amount Change
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GLW Dividends vs. Peers

GLW's dividend yield currently ranks #7 of 48 vs. its peers in the Industrial - Manufacturing category.
Rank Symbol Name Dividend Yield
1 HIHO Highway Holdings Limited 8.85%
2 KPELY Keppel Corporation Limited 6.56%
3 CRWS Crown Crafts, Inc. 5.11%
4 TG Tredegar Corporation 4.80%
5 CIX CompX International Inc. 4.31%
6 KMT Kennametal Inc. 3.44%
7 GLW Corning Inc. 3.43%
8 SIEGY Siemens AG 3.27%
9 CVR Chicago Rivet & Machine Co. 3.09%
10 MATW Matthews International Corporation - 3.07%
11 ITOCY Itochu Corp. ADR 2.75%
12 PATK Patrick Industries, Inc. 2.55%
13 MYE Myers Industries, Inc. 2.38%
14 TKR Timken Company (The) 2.34%
15 ATASY Atlantia SpA 2.23%
16 HI Hillenbrand Inc 2.12%
17 TEL TE Connectivity Ltd. 1.98%
18 KUBTY Kubota Corporation 1.97%
19 MWA MUELLER WATER PRODUCTS 1.96%
20 MLI Mueller Industries, Inc. 1.88%
21 XYL Xylem Inc. 1.53%
22 ST Sensata Technologies Holding plc Ordinary Shares 1.07%
23 FELE Franklin Electric Co., Inc. 1.06%
24 BMI Badger Meter, Inc. 0.99%
25 LNN Lindsay Corporation 0.99%
26 WTS Watts Water Technologies, Inc. 0.98%
27 CSL Carlisle Companies Incorporated 0.91%
28 LFUS Littelfuse, Inc. 0.83%
29 ORA Ormat Technologies, Inc. 0.61%
30 EAF GrafTech International Ltd. 0.57%
31 RXN Rexnord Corporation 0.55%
32 WMS Advanced Drainage Systems, Inc. 0.53%
33 GE General Electric Co. 0.50%
34 DRTT DIRTT Environmental Solutions Ltd. 0.00%
35 VPG Vishay Precision Group, Inc. 0.00%
36 ASV ASV Holdings, Inc. 0.00%
37 AQUA Evoqua Water Technologies Corp. 0.00%
38 IEC IEC Electronics Corp. 0.00%
39 ZEST Ecoark Holdings, Inc. 0.00%
40 TPIC TPI Composites, Inc. 0.00%
41 FRRVY Ferrovial, S.A. 0.00%
42 CMT Core Molding Technologies Inc 0.00%
43 FLOW SPX FLOW, Inc. 0.00%
44 MEC Mayville Engineering Company, Inc. 0.00%
45 CCDBF CCL Industries Inc. 0.00%
46 JEHLY Johnson Electric Holdings Limited 0.00%
47 LLESY Lendlease Group 0.00%
48 BOUYY Bouygues SA 0.00%

Looking for More Information on GLW dividends?

Want to do more research on Corning Inc's dividends? Try the links below:

Corning Inc Common Stock (GLW) Dividend History | Nasdaq
Dividend History for Corning Inc (GLW) - Dividend Investor
Corning Inc (GLW) Dividend History - Seeking Alpha

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