Corning (XTER:GLW) Dividend Payout Ratio: 0.40 (As of Mar. 2026) — 13% Below Median

Corning XTER:GLW +13.49% 69 Dividend Payout Ratio is 0.40 as of Mar. 2026, which is 13% below its 10-year median of 0.46. GuruFocus rates XTER:GLW with a GF Score™ of 69/100 and a GF Value™ of €49.90 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,212 Hardware companies, Corning ranks better than 56.44% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Corning's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.40.

The historical rank and industry rank for Corning's Dividend Payout Ratio or its related term are showing as below:

XTER:GLW' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.38 Med: 0.46 Max: 0.66
Current: 0.42

During the past 13 years, the highest Dividend Payout Ratio of Corning was 0.66. The lowest was 0.38. And the median was 0.46.

XTER:GLW's Dividend Payout Ratio is ranked better than
56.44% of 1212 companies
in the Hardware industry
Industry Median: 0.47 vs XTER:GLW: 0.42

As of today (2026-06-30), the Dividend Yield % of Corning is 0.52%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Corning was 4.58%. The lowest was 0.44%. And the median was 2.37%.

Corning's Dividends per Share for the months ended in Mar. 2026 was €0.24.

During the past 3 years, the average Dividends Per Share Growth Rate was 1.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 9.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Corning was 26.00% per year. The lowest was -20.60% per year. And the median was 10.10% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Corning (XTER:GLW) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.

Corning Dividend Payout Ratio Related Terms

Corning Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Corning's Dividend Payout Ratio 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.

Corning Dividend Payout Ratio Chart

Corning Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Dividend Payout Ratio

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0.46

0.52

0.66

0.57

0.44

Corning Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Dividend Payout Ratio	Get a 7-Day Free Trial															0.52	0.47	0.42	0.39	0.40

XTER:GLW vs APH, TEL, FLEX: Dividend Payout Ratio Comparison

For the Electronic Components subindustry, Corning's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Payout Ratio vs Hardware Industry

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

* The bar in red indicates where Corning's Dividend Payout Ratio falls into.

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69GF Score

Corning Inc XTER:GLW

Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.

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Corning Dividend Payout Ratio Calculation

Corning's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2025 )	/	EPS without NRI (A: Dec. 2025 )
	=	0.956	/	2.152
	=	0.44

Corning's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2026 )	/	EPS without NRI (Q: Mar. 2026 )
	=	0.242	/	0.605
	=	0.40

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.40 mean?

Corning (XTER:GLW) has a Dividend Payout Ratio of 0.40 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Corning and its competitors. This is 13% below median its historical median of 0.46. Over the past decade, Corning's Dividend Payout Ratio has ranged from 0.38 to 0.66. According to the industry distribution chart, Corning ranks #528 out of 1212 companies in the Hardware industry, placing it in the top 43.6%.

Is Corning's Dividend Payout Ratio too high?

Corning's current Dividend Payout Ratio of 0.40 is 13% below median its 10-year median of 0.46. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 0.66. The Hardware industry median Dividend Payout Ratio is 0.47. Corning's value of 0.40 is 14.9% below this industry median. Based on the distribution chart, Corning ranks #528 out of 1212 companies in the Hardware industry, which is above the industry midpoint. Overall, Corning has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Corning's Dividend Payout Ratio compare to APH and TEL?

According to the Hardware industry distribution chart, Corning ranks #528 out of 1212 companies for Dividend Payout Ratio. This puts Corning in the upper half of its industry. The industry median Dividend Payout Ratio is 0.47. Corning's value of 0.40 is 14.9% below this benchmark. Historically, Corning's own Dividend Payout Ratio has ranged from 0.38 to 0.66 over the past decade. While the company's 10-year median is 0.46 vs. the industry median of 0.47, Corning has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Dividend Payout Ratio for a Hardware company?

The median Dividend Payout Ratio among Hardware companies is 0.47, based on 1,212 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Corning's current Dividend Payout Ratio of 0.40 is 14.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Dividend Payout Ratio mean?

A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Corning and its competitors. For the Hardware industry, the median Dividend Payout Ratio is 0.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Corning's current Dividend Payout Ratio is 0.40, which is 13% below median its own 10-year median of 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Corning stock overvalued right now?

Based on GuruFocus' analysis, Corning (XTER:GLW) is currently considered Significantly Overvalued. The stock's GF Value™ is €49.90, compared to a current price of €210.10 — trading 321% above its estimated fair value. The current Dividend Payout Ratio is 0.40, which is 13% below median its 10-year median of 0.46 and 14.9% below the Hardware industry median of 0.47. Corning's overall GF Score™ is 69/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Dividend Payout Ratio calculated?

Dividend Payout Ratio is calculated from a company's financial statements. For Corning (XTER:GLW), the current Dividend Payout Ratio is 0.40 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Corning (XTER:GLW) Overvalued in 2026?

Based on GuruFocus' analysis, Corning stock appears to be overvalued. The current stock price of €210.10 is trading 321% above its estimated GF Value™ of €49.90. GuruFocus considers Corning to be Significantly Overvalued.

Key valuation signals for XTER:GLW:

Dividend Payout Ratio: 0.40 (13% below median its 10-year median of 0.46)
GF Value™: €49.90 vs. price of €210.10 (321% above fair value)
GF Score™: 69/100 with 7 warning signs
Industry Position: 14.9% below the Hardware median (#528 of 1212)

No single metric tells the full story. See the XTER:GLW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Corning Business Description

Industry Technology Hardware

Comparable Companies APH TEL FLEX JBL TTMI FN VICR SANM LFUS RAL TPE:2308 TSE:6981 TPE:2317 XKRX:009150 SZSE:002475 SZSE:002384 TPE:2327 SHSE:600183 TPE:2383 TPE:3037

Other Exchanges GLW:USA GLW:Mexico 1GLW:Italy 0R2X:UK G1LW34:Brazil GLW:Austria GLW:Argentina

Address One Riverfront Plaza, Corning, NY, USA, 14831

Website https://www.corning.com

Corning is a provider of glass, ceramics, and optical fiber across six distinct end markets. Corning's largest segments by revenue are display glass for TVs and optical fiber for telecom networks and data centers. It also provides cover glass for smartphones as well as filters and substrates and glass for cars, produces pharmaceutical glass, and produces polysilicon for solar panels. Corning is a US producer and is vertically integrated across its products and markets.

69GF Score

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Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€210.10

Price

€49.90

GF Value

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