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Corning Inc  (GLW)
Other Ticker:  
 
    Sector  Technology    Industry Communications Equipment

 

GLW's Dividend Pay out ratio over the 12 Months Period

Cumulative by Quarter, Trailing twelve months


Corning Inc 12 Months dividend pay out ratio, in the second quarter 2024, sequentially increased to 228.46% in the second quarter 2024, GLW's commitment to shareholders remain strong.

Within Technology sector 2 other companies have achieved higher 12 Months dividend pay out ratio. While Cumulative dividend pay out ratio total ranking has improved so far during the II Quarter 2024, to 36, from total ranking in the first quarter 2024 at 89.


Dividend in Glossary



Cumulative Dividend Pay out Ratio II. Quarter
(Jun 30 2024)
I. Quarter
(Mar 31 2024)
IV. Quarter
(Dec 31 2023)
III. Quarter
(Sep 30 2023)
II. Quarter
(Jun 30 2023)
GLW's Pay out Ratio (TTM) 228.46 % 162.4 % 171.04 % 167.22 % 153.68 %
GLW's Dividend Pay out Ratio Total Ranking # 36 # 89 # 68 # 127 # 127

  News about Corning Inc Dividends

Corning Incorporated Declares Quarterly Dividend, Showcasing Solid Financial Performance in a Competitive Tech Sector


Corning Incorporated, a leading innovator in the technology industry, recently announced their quarterly dividend of $0.28 per share. This update signifies the company's commitment to shareholders and highlights their strong financial position. With its cash flow remaining robust, Corning continues to outperform its peers in the technology sector.
In the first quarter of 2024, Corning Inc's earnings per share increased, resulting in a sequentially decreased 12 Months dividend payout ratio of 162.4%. Although this decrease demonstrates a healthy balance between earnings and dividends, the ratio remained above the industry average. This achievement reflects the company's strategic focus on sustainable growth and rewarding its loyal shareholders.

Corning Increases Quarterly Dividend to Reward Shareholders and Bolster Market Confidence

Corning Announces Quarterly Dividend: Strengthening Shareholder Value
Corning Incorporated (NYSE: GLW), a global leader in high-tech materials science, has recently made an important announcement regarding its quarterly dividend. The company's Board of Directors has declared a dividend of $0.28 per share, ensuring that its shareholders continue to benefit from its strong financial performance. This latest dividend will be payable on September 27, 2024, to shareholders of record on August 30, 2024.
Corning's commitment to providing dividends reflects its dedication to shareholder value and its confidence in its future prospects. By rewarding investors, the company fosters a sense of trust and loyalty while reinforcing its financial stability. This consistent dividend payout offers a reliable source of income for shareholders, contributing to Corning's overall appeal as an attractive investment option.


GLW's Dividend Pay out Ratio Company Ranking
Within: No.
Communications Equipment Industry # 0
Technology Sector # 3
S&P 500 # 36

Dividend Pay out Ratio Statistics
High Average Low
859.76 % 79.21 % 3.88 %
(Jun 30 2020)   (Sep. 30, 2007)



Other Dividend Ratios
Highest Ranking Dividend Yield
Lowest Ranking Dividend Yield
Annual Dividend Pay out for GLW
GLW's Dividend Yield




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