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Corning (Corning) Dividends per Share

: $1.12 (TTM As of Dec. 2023)
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Corning's dividends per share for the three months ended in Dec. 2023 was $0.28. Its dividends per share for the trailing twelve months (TTM) ended in Dec. 2023 was $1.12. Its Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.72. As of today, Corning's Dividend Yield % is 3.62%.

During the past 12 months, Corning's average Dividends Per Share Growth Rate was 3.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 8.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 9.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 12.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Corning was 63.20% per year. The lowest was -20.60% per year. And the median was 11.55% per year.

For more information regarding to dividend, please check our Dividend Page.


Corning Dividends per Share Historical Data

The historical data trend for Corning's Dividends per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Corning Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividends per Share
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.80 0.88 0.96 1.08 1.12

Corning Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividends per Share Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.27 0.28 0.28 0.28 0.28

Competitive Comparison

For the Electronic Components subindustry, Corning's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Corning Dividend Yield % Distribution

For the Hardware industry and Technology sector, Corning's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Corning's Dividend Yield % falls into.



Corning Dividends per Share Calculation

Dividends paid to per common share.


Corning  (NYSE:GLW) Dividends per Share Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Corning's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.28/ 0.39
=0.72

During the past 13 years, the highest Dividend Payout Ratio of Corning was 0.66. The lowest was 0.28. And the median was 0.43.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Corning Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2802024-02-282024-02-292024-03-28Cash DividendquarterlyUSD:USD 1.000000
USD 0.2802023-11-162023-11-172023-12-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.2802023-08-302023-08-312023-09-28Cash DividendquarterlyUSD:USD 1.000000
USD 0.2802023-05-302023-05-312023-06-29Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.


Corning's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.12/30.98
=3.62 %

Current Share Price is $30.98.
Corning's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.12.

During the past 13 years, the highest Dividend Yield of Corning was 4.58%. The lowest was 1.60%. And the median was 2.36%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Corning Dividends per Share Related Terms

Thank you for viewing the detailed overview of Corning's Dividends per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Corning (Corning) Business Description

Address
One Riverfront Plaza, Corning, NY, USA, 14831
Corning is a leader in materials science, specializing in the production of glass, ceramics, and optical fiber. The firm supplies its products for a wide range of applications, from flat-panel displays in televisions to gasoline particulate filters in automobiles to optical fiber for broadband access, with a leading share in many of its end markets.
Executives
Lawrence D Mcrae officer: Senior Vice President ONE RIVERFRONT PLAZA, CORNING NY 14831
Lewis A Steverson officer: Senior Vice President ONE RIVERFRONT PLAZA, CORNING NY 14831
Wendell P Weeks officer: President and COO ONE RIVERFRONT PLZ, CORNING NY 14831
Jordana Daryl Kammerud officer: Senior Vice President & CHRO ONE RIVERFRONT PLAZA, CORNING NY 14831
Thomas D French director ONE RIVERFRONT PLAZA, CORNING NY 14831
Michael Alan Bell officer: Senior VP &.GM, Optical Comm. ONE RIVERFRONT PLAZA, CORNING NY 14831
Bayne John P Jr officer: SVP & GM Mobile Consumer Elec. ONE RIVERFRONT PLAZA, CORNING NY 14831
Jeffrey W Evenson officer: Senior Vice President ONE RIVERFRONT PLAZA, CORNING NY 14831
Anne Mullins officer: Senior Vice President & CDIO ONE RIVERFRONT PLAZA, CORNING NY 14831
John Z Zhang officer: Senior VP & GM, Display ONE RIVERFRONT PLAZA, CORNING NY 14831
Cheryl C Capps officer: SVP & Chief Supply Chain Off. 5830 GRANITE PARKWAY, SUITE 1150, PLANO TX 75024
Li Fang officer: Pres.&GM Corning Greater China ONE RIVERFRONT PLAZA, CORNING NY 14831
Soumya Seetharam officer: Senior Vice President & CDIO ONE RIVERFRONT PLAZA, CORNING NY 14831
Jaymin Amin officer: SVP and Chief Tech. Officer ONE RIVERFRONT PLAZA, CORNING NY 14831
Robert P. France officer: Senior VP, Human Resources ONE RIVERFRONT PLAZA, CORNING NY 14831