Corning Dividend yield

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
   USD per share 
 Price  32.46
 Dividend  0.88
 Earnings  1.41
 Cash-flow  2.66
 Book value  14.11
 Equity  14.54

Corning is part of Technology Hardware and Equip. business, which is part of Technology industry. Corning is a company from USA, and his stocks are publicly traded.

Corning paid a total dividend of 670 million USD last year, for a market value of 24,702 millions (Market Cap 24,265 millions). Dividend per share of Corning is 0.88 USD, and his stock market price 32.46 USD.

According to the chart below, where dividend yield is displayed, Corning has a dividend yield of 2.71%, which is lower than the amount offered by the market average , but bigger than Technology industry. Dividend yields are similar among companies from the same industry, so it is a positive sign for the company.

In addition, you should compare Corning dividend yield with other Technology Hardware and Equip. companies or firms from USA.

Dividend yield of Corning

Corning Dividend Payout

About the ability of Corning to maintain his current dividend of USD 0.88 per share, an amount that accounts for 2.71%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Corning payout on ernings is currently 62.41%, which is higher than the market average, and companies of Technology industry, which are 37.66% and 32.58% respectively. Both figures show that Corning can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Corning is USD 2.66 per share, which is higher than the dividend per share paid by the company of USD 0.88, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Corning, compared againt world market average, USA companies, Technology industry and Technology Hardware and Equip. sector companies.

Corning payout

Corning Stock performance

Finally, last moth Corning showed a return of 4.70% compared to a worldwide 4.36% average, and a 3.71% of Technology firms. Over the last year, the company obtained a 16.60% versus a worldwide performance of a 2.14%. More detailed information can be seen in the following graph for USA and Technology Hardware and Equip. firms.

Corning stock and market return

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