Corning (GLW) dividend stock





  • Yield

     2.06%
  • Dividend

     0.62
  • 5 year dividend growth rate
     19.1%
  • Dividend increased

     6 yrs.
  • Payout ratio

     28%
  • Dividend pay date

     9/29/2017
  • Ex-dividend date

     8/29/2017
  • Uninterrupted
    dividends
     N/A yrs.
  • Yield compared to 5 year average
     -6.4%
  • Dividend payback
    period
     15 yrs.
  • Chowder rule

     21.2
  • Tweed factor

     7.7
Rating
Overall rating
The overall rating measures the general health and sustainabilty of the company's dividend. It is an average of the five ratings below.





Dividend increased years
This rating looks at the number of years the company has increased their dividend consecutively. 1 star is given for 7 years or below and 5 stars are given for 23 years or more.





Dividend yield
This rating evaluates the size of the yield. 1 star is given for a yield below 0.75% and 5 stars for yields above 6.75%.





Payout ratio
The payout ratio shows how much of the earnings are being paid out as dividends. We award 0 stars for payout ratios above 100% and 5 stars for ratios below 10%.





Dividend growth rate
This rating takes into account the growth of the dividend. Companies that have a dividend growth rate below 1.5% get 1 star while 5 stars are given for rates above 13.5%.





Yield compared to 5 year average
If the current yield is below the 5 year average, it tends to indicate that the stock is cheap. A rating of 0 is given if the current yield is below 0 percent compared to the average and a rating of 5 is given if it's more than 22.5% above.
Relative valuations
Yield compared to 5 year average   
-6.4%
Payout ratio compared to 5 year average   
70.6%
P/E compared to 5 year average   
14.7%
Price per book value compared to 5 year average   
44.2%
Price change from 52 week high   
-6.6%
Price change from 50 days average   
4.0%
Price change from 200 days average   
4.1%
Price info
Change
0.05 (0.17%)


Last price
30.05 USD


Day range
29.91 - 30.25


Year range
22.23 - 32.17

Financial health
Current ratio
2.94


Debt/equity ratio
23.98


Cash
4.60B


Debt
4.52B


Credit rating
A-

Valuation
Price/earning (P/E)
13.42


Price/book (P/B)
1.73


Forward price/earning (P/E)
16.33


Price/sales (P/S)
2.76


PEG
-3.12


Market cap
27.14B

Recession performance (2007 - 2009)
0.1000,0.2000,0.2000
  • 2007
  • 2008
  • 2009
Dvidend growth (annualized)   
41.4%
1.3400,3.3200,1.2800
  • 2007
  • 2008
  • 2009
Earnings per share growth (annualized)   
-2.3%
10 year history
0.1000,0.2000,0.2000,0.2000,0.2250,0.3150,0.3900,0.4000,0.4800,0.5400
  • 07
  • 08
  • 09
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • ttm
Dividend growth (annualized)   
20.6%
1.3400,3.3200,1.2800,2.2500,1.7700,1.1500,1.3400,1.7300,1.0000,1.0000
  • 07
  • 08
  • 09
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • ttm
Earnings per share growth (annualized)   
-3.2%
6.0600,8.6500,10.0100,12.4100,14.2800,14.6200,15.5500,15.2900,15.6600,14.8200
  • 07
  • 08
  • 09
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • ttm
Book value per share growth (annualized)   
10.4%
7.5000,6.0000,15.6000,8.9000,9.5000,27.5000,31.9000,31.3000,30.1000,51.9000
  • 07
  • 08
  • 09
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • ttm
Payout ratio growth (annualized)   
24.0%
Other companies in the diversified electronics industry
Company
Div. increase  
Yield
Div. growth
United Kingdom   Dewhurst 20 yrs1.37%7.3%
USA   Hubbell B 9 yrs2.46%10.6%
United Kingdom   ZYTRONIC 8 yrs1.99%11.1%
USA   AVX 7 yrs2.50%11.8%
USA   TE Connectivity 7 yrs1.94%13.5%
United Kingdom   Renishaw 7 yrs0.99%5.8%
United Kingdom   TT electronics 7 yrs2.42%47.0%
Company profile
Empoloyees
34,600


Sector


Website


Founded
1851


Industry


SEC filings




Corning Incorporated manufactures and sells specialty glasses, ceramics, and related materials worldwide. The company operates through five segments: Display Technologies, Optical Communications, Environmental Technologies, Specialty Materials, and Life Sciences. The Display Technologies segment man...
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Address:
One Riverfront Plaza, Corning, NY, 14831

Phone:
+1 607 974-9000
The dividend of GLW is 0.62 for the last 12 months, and based on a stock price of 30.05, the yield is 2.06%. The company has increased the dividend for 6 years. The payout ratio of GLW is 28%, based on an EPS of 2.24 and a dividend of 0.62. The company has a dividend payback period of 15 years. They have increased their dividend by 19.1% on average in the last 5 years. Corning has gone ex-dividend on the 8/29/2017, and the dividend pay date is 9/29/2017. 34,600 people work for them (a US company) and it has been founded back in 1851. They are in the technology sector and the diversified electronics industry. Our dividend rating for this stock is 2.2 / 5 stars.






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