Corning Inc. (GLW) Dividends

GLW Price Forecast Based on Dividend Discount Model

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 Dividends vs. Peers