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GLW Corning dividend history, payout ratio & dates

Corning's most recent quarterly dividend was on Feb 28, 2024 (ex-date) with a cash dividend payment of $0.28 per share. On an annualized basis, the company has a current payout of $1.12 per share. This brings the dividend yield to 3.55% based on its recent close price.

Key dates

  • GLW last dividend date: Feb 28, 2024
  • GLW next dividend date: Not announced
GLW dividend stats
DPS
$1.12
Dividend yield
3.54%
Payout ratio
162.3%
vs. Technology sector
Dividend yield
1.53%
Payout ratio
33.6%

Dividend yield

What is Corning current dividend yield

GLW has a dividend yield of 3.55% which is higher than the Technology sector, the industry and its peers average. In comparison with the Technology sector average of 1.53%, Corning's dividend yield is 132% higher. The current dividend yield is higher than the historical average of 2.9% of the last 5 years.

Dividend history

What is GLW dividend payout history and dates

Corning has a long dividend history, including the last 17 consecutive years with dividend payouts. GLW has issued four quarterly dividends in the last twelve months. The annualized DPS has an increase of 2.8% for the last year. And since the stock price has gone down by 6% from a year ago, the dividend yield has an increase of 9%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Feb 28, 2024 Mar 28, 2024 Feb 7, 2024 $0.28 normal
Nov 16, 2023 Dec 15, 2023 Oct 4, 2023 $0.28 normal
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

Corning dividend payout ratio

What is Corning dividend payout ratio compared to the sector

Payout ratio

GLW has a payout ratio of 162.3% which is higher than the Technology sector, the industry and its peers average. If we compare it with the Technology sector average of 33.6%, Corning's payout ratio is 383% higher.

Total amount of dividends paid per financial year (from cash flow)

GLW dividend vs peer dividends

How does GLW dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
MMM 3M Co 6.44% $6.01 N/A
GLW Corning Inc 3.54% $1.12 162.3%
PPG Ppg Industries Inc 1.95% $2.57 43.1%
TEL TE Connectivity Ltd 1.63% $2.36 22.2%
OC Owens Corning 1.35% $2.24 16.9%
TMO Thermo Fisher Scientific Inc 0.25% $1.44 9.3%

Frequently asked questions

Does Corning pay a dividend?

Yes, Corning has been paying dividends for the last 17 years.

When is Corning's next dividend?

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 May 2024.

When was GLW's last dividend?

Corning's last regular dividend was on Feb 28, 2024 (ex-date) with the amount of $0.28 per share.

How much dividend does Corning pay (per share)?

GLW's annualized dividend per share is $1.12.

What is Corning's dividend yield?

The current dividend yield of Corning is 3.55%.

How often does Corning pay dividends?

Corning pays four dividends per year.

What is Corning's dividend payout ratio?

The dividend payout ratio of Corning is 162.3%.

Does Corning pay a good dividend?

Corning's dividend yield is higher than the Technology sector average.