Corning Incorporated engages in display technologies, optical communications, environmental technologies, specialty materials, and life sciences businesses worldwide. The company's Display Technologies segment offers glass substrates for liquid crystal displays and organic light-emitting diodes used in televisions, notebook computers, desktop monitors, tablets, and handheld devices. Its Optical Communications segment provides optical fibers and cables; and hardware and equipment products, including cable assemblies, fiber optic hardware and connectors, optical components and couplers, closures, network interface devices, and other accessories. This segment also offers its products to businesses, governments, and individuals. Its Specialty Materials segment manufactures products that provide material formulations for glass, glass ceramics, crystals, precision metrology instruments, software; as well as ultra-thin and ultra-flat glass wafers, substrates, tinted sunglasses, and radiation shielding products. This segment serves various industries, including mobile consumer electronics, semiconductor equipment optics and consumables; aerospace and defense optics; radiation shielding products, sunglasses, and telecommunications components. The company's Environmental Technologies segment offers ceramic substrates and filter products for emissions control in mobile, gasoline, and diesel applications. The company's Life Sciences segment offers laboratory products comprising consumables, such as plastic vessels, liquid handling plastics, specialty surfaces, cell culture media, and serum, as well as general labware and equipment under the Corning, Falcon, Pyrex, and Axygen brands. The company was formerly known as Corning Glass Works and changed its name to Corning Incorporated in April 1989. Corning Incorporated was founded in 1851 and is headquartered in Corning, New York.
Corning Dividend Announcement
• Corning announced a quarterly dividend of $0.28 per ordinary share which will be made payable on 2024-12-13. Ex dividend date: 2024-11-15
• Corning annual dividend for 2024 was $1.12
• Corning annual dividend for 2023 was $1.12
• Corning 's trailing twelve-month (TTM) dividend yield is 2.33%
• Corning 's payout ratio for the trailing twelve months (TTM) is 631.41%
• Corning 's dividend growth over the last five years (2018-2023) was 9.24% year
• Corning 's dividend growth over the last ten years (2013-2023) was 11.13% year
Corning Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-15 | $0.28 | quarterly | 2024-12-13 |
2024-08-30 | $0.28 | quarterly | 2024-09-27 |
2024-05-31 | $0.28 | quarterly | 2024-06-27 |
2024-02-28 | $0.28 | quarterly | 2024-03-28 |
2023-11-16 | $0.28 | quarterly | 2023-12-15 |
2023-08-30 | $0.28 | quarterly | 2023-09-28 |
2023-05-30 | $0.28 | quarterly | 2023-06-29 |
2023-02-27 | $0.28 | quarterly | 2023-03-30 |
2022-11-17 | $0.27 | quarterly | 2022-12-16 |
2022-08-30 | $0.27 | quarterly | 2022-09-29 |
2022-05-27 | $0.27 | quarterly | 2022-06-29 |
2022-02-25 | $0.27 | quarterly | 2022-03-30 |
2021-11-10 | $0.24 | quarterly | 2021-12-17 |
2021-08-30 | $0.24 | quarterly | 2021-09-29 |
2021-05-27 | $0.24 | quarterly | 2021-06-29 |
2021-02-25 | $0.24 | quarterly | 2021-03-30 |
2020-11-12 | $0.22 | quarterly | 2020-12-18 |
2020-08-27 | $0.22 | quarterly | 2020-09-30 |
2020-05-28 | $0.22 | quarterly | 2020-06-30 |
2020-02-27 | $0.22 | quarterly | 2020-03-31 |
2019-11-14 | $0.20 | quarterly | 2019-12-13 |
2019-08-29 | $0.20 | quarterly | 2019-09-30 |
2019-05-30 | $0.20 | quarterly | 2019-06-28 |
2019-02-27 | $0.20 | quarterly | 2019-03-29 |
2018-11-15 | $0.18 | quarterly | 2018-12-14 |
2018-08-30 | $0.18 | quarterly | 2018-09-28 |
2018-05-30 | $0.18 | quarterly | 2018-06-29 |
2018-02-27 | $0.18 | quarterly | 2018-03-29 |
2017-11-15 | $0.15 | quarterly | 2017-12-15 |
2017-08-29 | $0.15 | quarterly | 2017-09-29 |
2017-05-26 | $0.15 | quarterly | 2017-06-30 |
2017-02-24 | $0.15 | quarterly | 2017-03-31 |
2016-11-15 | $0.14 | quarterly | 2016-12-15 |
2016-08-29 | $0.14 | quarterly | 2016-09-30 |
2016-05-26 | $0.14 | quarterly | 2016-06-30 |
2016-02-23 | $0.14 | quarterly | 2016-03-31 |
2015-11-10 | $0.12 | quarterly | 2015-12-11 |
2015-08-27 | $0.12 | quarterly | 2015-09-30 |
2015-05-27 | $0.12 | quarterly | 2015-06-30 |
2015-02-25 | $0.12 | quarterly | 2015-03-31 |
2014-11-12 | $0.10 | quarterly | 2014-12-12 |
2014-08-27 | $0.10 | quarterly | 2014-09-30 |
2014-05-28 | $0.10 | quarterly | 2014-06-30 |
2014-02-26 | $0.10 | quarterly | 2014-03-31 |
2013-11-13 | $0.10 | quarterly | 2013-12-13 |
2013-08-28 | $0.10 | quarterly | 2013-09-30 |
2013-05-29 | $0.10 | quarterly | 2013-06-28 |
2013-02-26 | $0.09 | quarterly | 2013-03-28 |
Corning Dividend per year
Corning Dividend growth
Corning Dividend Yield
Corning current trailing twelve-month (TTM) dividend yield is 2.33%. Interested in purchasing Corning stock? Use our calculator to estimate your expected dividend yield:
Corning Financial Ratios
Corning Dividend FAQ
Other factors to consider when evaluating Corning as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Corning 's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Corning publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Corning distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Corning are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Corning sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Corning distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Corning declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Corning 's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Corning 's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.