Corning's most recent quarterly dividend was on Aug 30, 2023 (ex-date) with a cash dividend payment of $0.28 per share. On an annualized basis, the company has a current payout of $1.11 per share. This brings the dividend yield to 3.56% based on its recent close price.
GLW has a dividend yield of 3.56% which is higher than the Technology sector, the industry and its peers average. In comparison with the Technology sector average of 1.82%, Corning's dividend yield is 96% higher. The current dividend yield is higher than the historical average of 2.8% of the last 5 years.
Corning has a long dividend history, including the last 16 consecutive years with dividend payouts. GLW has issued four quarterly dividends in the last twelve months. The annualized DPS has an increase of 6% for the last year. And since the stock price has gone up by 3% from a year ago, the dividend yield has an increase of 2.8%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
Aug 30, 2023 | Sep 28, 2023 | Jun 21, 2023 | $0.28 | normal |
May 30, 2023 | Jun 29, 2023 | Apr 27, 2023 | $0.28 | normal |
Feb 27, 2023 | Mar 30, 2023 | Feb 8, 2023 | $0.28 | normal |
Nov 17, 2022 | Dec 16, 2022 | Oct 5, 2022 | $0.27 | normal |
Aug 30, 2022 | Sep 29, 2022 | Jun 29, 2022 | $0.27 | normal |
May 27, 2022 | Jun 29, 2022 | Apr 28, 2022 | $0.27 | normal |
Feb 25, 2022 | Mar 30, 2022 | Feb 2, 2022 | $0.27 | normal |
Nov 10, 2021 | Dec 17, 2021 | Oct 6, 2021 | $0.24 | normal |
Aug 30, 2021 | Sep 29, 2021 | Jun 30, 2021 | $0.24 | normal |
May 27, 2021 | Jun 29, 2021 | Apr 29, 2021 | $0.24 | normal |
Feb 25, 2021 | Mar 30, 2021 | Feb 3, 2021 | $0.24 | normal |
Nov 12, 2020 | Dec 18, 2020 | Oct 7, 2020 | $0.22 | normal |
Aug 27, 2020 | Sep 30, 2020 | Jul 15, 2020 | $0.22 | normal |
May 28, 2020 | Jun 30, 2020 | May 1, 2020 | $0.22 | normal |
Feb 27, 2020 | Mar 31, 2020 | Feb 5, 2020 | $0.22 | normal |
Nov 14, 2019 | Dec 13, 2019 | Oct 2, 2019 | $0.2 | normal |
Aug 29, 2019 | Sep 30, 2019 | Jul 17, 2019 | $0.2 | normal |
May 30, 2019 | Jun 28, 2019 | May 2, 2019 | $0.2 | normal |
Feb 27, 2019 | Mar 29, 2019 | Feb 6, 2019 | $0.2 | normal |
Nov 15, 2018 | Dec 14, 2018 | Oct 3, 2018 | $0.18 | normal |
Aug 30, 2018 | Sep 28, 2018 | Jul 19, 2018 | $0.18 | normal |
May 30, 2018 | Jun 29, 2018 | Apr 26, 2018 | $0.18 | normal |
Feb 27, 2018 | Mar 29, 2018 | Feb 7, 2018 | $0.18 | normal |
Nov 15, 2017 | Dec 15, 2017 | Oct 4, 2017 | $0.155 | normal |
Aug 29, 2017 | Sep 29, 2017 | Jul 19, 2017 | $0.155 | normal |
May 26, 2017 | Jun 30, 2017 | Apr 27, 2017 | $0.155 | normal |
Feb 24, 2017 | Mar 31, 2017 | Feb 1, 2017 | $0.155 | normal |
Nov 15, 2016 | Dec 15, 2016 | Oct 6, 2016 | $0.135 | normal |
Aug 29, 2016 | Sep 30, 2016 | Jul 20, 2016 | $0.135 | normal |
May 26, 2016 | Jun 30, 2016 | Apr 28, 2016 | $0.135 | normal |
Feb 23, 2016 | Mar 31, 2016 | Feb 3, 2016 | $0.135 | normal |
Nov 10, 2015 | Dec 11, 2015 | Oct 7, 2015 | $0.12 | normal |
Aug 27, 2015 | Sep 30, 2015 | Jul 15, 2015 | $0.12 | normal |
GLW has a payout ratio of 148% which is higher than the Technology sector, the industry and its peers average. If we compare it with the Technology sector average of 32.6%, Corning's payout ratio is 354% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
MMM 3M Co | 6.17% | $5.99 | N/A |
GLW Corning Inc | 3.56% | $1.11 | 148% |
PPG Ppg Industries Inc | 1.93% | $2.51 | 44.7% |
TEL TE Connectivity Ltd | 1.87% | $2.3 | 35.3% |
OC Owens Corning | 1.42% | $1.91 | 13.3% |
TMO Thermo Fisher Scientific Inc | 0.27% | $1.35 | 9.2% |
Yes, Corning has been paying dividends for the last 16 years.
GLW hasn't announced its next dividend date yet, however if we take into account its recent dividend schedule, it is likely that its next dividend will be in November 2023.
Corning's last regular dividend was on Aug 30, 2023 (ex-date) with the amount of $0.28 per share.
GLW's annualized dividend per share is $1.11.
The current dividend yield of Corning is 3.56%.
Corning pays four dividends per year.
The dividend payout ratio of Corning is 148%.
Corning's dividend yield is higher than the Technology sector average.