GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Corning Inc (NYSE:GLW) » Definitions » Forward Dividend Yield %

Corning (Corning) Forward Dividend Yield %

: 3.58% (As of Today)
View and export this data going back to 1945. Start your Free Trial

As of today (2024-04-16), the Forward Annual Dividend Yield of Corning is 3.58%.

As of today (2024-04-16), the Trailing Annual Dividend Yield of Corning is 3.58%.

GLW's Forward Dividend Yield % is ranked better than
67.95% of 1354 companies
in the Hardware industry
Industry Median: 2.465 vs GLW: 3.58

Corning's Dividends per Share for the three months ended in Dec. 2023 was $0.28.

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.

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.

The growth rate is calculated with least square regression.

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


Competitive Comparison

For the Electronic Components subindustry, Corning's Forward Dividend Yield %, along with its competitors' market caps and Forward 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 Forward Dividend Yield % Distribution

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

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



Corning Forward Dividend Yield % Calculation

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 Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.12/31.29
=3.58 %

Current Share Price is $31.29.
Corning's Dividends per Share for the forward twelve months is calculated as $0.28 * 4 = $1.12.

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.12/31.29
=3.58 %

Current Share Price is $31.29.
Corning's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.12.

* 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  (NYSE:GLW) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Corning Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Corning's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Corning (Corning) Business Description

Industry
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