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Corning 3-Year Dividend Growth Rate

: 10.10% (As of Jun. 2022)
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Corning's Dividends per Share for the three months ended in Jun. 2022 was $0.27.

The historical rank and industry rank for Corning's 3-Year Dividend Growth Rate or its related term are showing as below:

GLW' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -100   Med: 11.5   Max: 62.9
Current: 10.1

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Corning was 62.90% per year. The lowest was -100.00% per year. And the median was 11.50% per year.

GLW's 3-Year Dividend Growth Rate is ranked better than
63.74% of 1070 companies
in the Hardware industry
Industry Median: 3.50 vs GLW: 10.10

During the past 12 months, Corning's average Dividends Per Share Growth Rate was 10.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 10.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 12.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 14.60% 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.

Corning's Dividend Payout Ratio for the three months ended in Jun. 2022 was 0.41. As of today, Corning's Dividend Yield % is 2.72%.

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


Competitive Comparison

For the Electronic Components subindustry, Corning's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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 3-Year Dividend Growth Rate Distribution

For the Hardware industry and Technology sector, Corning's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Corning's 3-Year Dividend Growth Rate falls into.



Corning 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

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.


Corning  (NYSE:GLW) 3-Year Dividend Growth Rate 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 Jun. 2022 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2022 )/ EPS without NRI (Q: Jun. 2022 )
=0.27/ 0.66
=0.41

During the past 13 years, the highest Dividend Payout Ratio of Corning was 1.63. The lowest was 0.17. And the median was 0.48.

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 0.2702022-05-272022-05-312022-06-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.2702022-02-252022-02-282022-03-30Cash DividendquarterlyUSD:USD 1.000000
USD 0.2402021-11-102021-11-122021-12-17Cash DividendquarterlyUSD:USD 1.000000
USD 0.2402021-08-302021-08-312021-09-29Cash 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
=1.02/37.54
=2.72 %

Current Share Price is $37.54.
Corning's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.02.

During the past 13 years, the highest Dividend Yield of Corning was 4.58%. The lowest was 1.31%. And the median was 2.29%.

* 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 3-Year Dividend Growth Rate Related Terms>


Corning Business Description

Corning logo
Industry
Address
One Riverfront Plaza, Corning, NY, USA, 14831
Corning Inc 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
Amin Jaymin officer: SVP and Chief Tech. Officer ONE RIVERFRONT PLAZA CORNING NY 14831
Capps Cheryl C officer: SVP & Chief Supply Chain Off. 5830 GRANITE PARKWAY SUITE 1150 PLANO TX 75024
Craig Pamela director C/O ACCENTURE 161 N CLARK STREET CHICAGO IL 60601
Ferguson Roger W. Jr. director CORNING INCORPORATED ONE RIVERFRONT PLAZA CORNING NY 14831
Samsung Display Co., Ltd. 10 percent owner 1, SAMSUNG-RO, GIHEUNG-GU, YONGIN-SI GYEONGGI-DO M5 17113
Bell Michael Alan officer: Senior VP &.GM, Optical Comm. ONE RIVERFRONT PLAZA CORNING NY 14831
Becker Stefan officer: SVP & Operations Controller ONE RIVERFRONT PLAZA CORNING NY 14831
Zhang John Z officer: Senior VP & GM, Display ONE RIVERFRONT PLAZA CORNING NY 14831
Verkleeren Ronald L officer: Senior VP & GM, Life Sciences ONE RIVERFRONT PLAZA CORNING NY 14831
Nelson Avery H Iii officer: Senior VP & GM, Automotive ONE RIVERFRONT PLAZA CORNING NY 14831
Bayne John P Jr officer: SVP & GM Mobile Consumer Elec. ONE RIVERFRONT PLAZA CORNING NY 14831
Fang Li officer: Pres.&GM Corning Greater China ONE RIVERFRONT PLAZA CORNING NY 14831
Mullins Anne officer: Senior Vice President & CDIO ONE RIVERFRONT PLAZA CORNING NY 14831
France Robert P. officer: Senior VP, Human Resources ONE RIVERFRONT PLAZA CORNING NY 14831
Brun Leslie A director 435 DEVON PARK DRIVE 700 BUILDING WAYNE PA 19087

Corning Headlines

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