Corning Dividend yield

 Price  30.81
 Dividend  1.12
 Earnings  1.75
 Cash-flow  3.18
 Book value  14.67
 Equity  14.83

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 stock dividend

Corning paid a total dividend of 922 million USD last year, for a market value of 25,357 millions (Market Cap 22,625 millions). Corning dividend per share is 1.12 USD, and his stock market price 30.81 USD.

According to the chart below, where dividend yield is displayed, Corning has a dividend yield of 3.64%, which is higher than the amount offered by both the market average and companies from USA. It is also bigger than average of Technology industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Corning stocks dividend with other Technology Hardware and Equip. companies or other of the best USA dividend stocks list.

Dividend yield of Corning

Corning Dividend Payout

About the ability of Corning to maintain his current dividend of USD 1.12 per share, an amount that accounts for 3.64%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Corning payout on ernings is currently 64.00%, which is higher than the market average, and companies of Technology industry, which are 39.87% and 38.12% 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 3.18 per share, which is higher than the dividend per share paid by the company of USD 1.12, 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 Dividend History

Below you will find a table with the historical evolution of Corning's dividend stock, both in percentage and in USD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year Yield  USD  Paypout  Shares* 

*In millions

Then you can see the evolution of Corning dividend stock, and compare it with the average of USA stocks and that of the Technology Hardware and Equip. stocks.

Corning stock dividend history

Corning Stock performance

Finally, last moth Corning showed a return of -7.30% compared to a worldwide -2.16% average, and a 6.00% of Technology firms. Over the last year, the company obtained a -14.00% versus a worldwide performance of a 0.43%. More detailed information can be seen in the following graph for USA and Technology Hardware and Equip. firms.

Corning stock and market return