Corning Incorporated (GLW) To Go Ex-Dividend on August 31st

Corning Incorporated (NYSE:GLW) declared a quarterly dividend on Wednesday, June 24th. Investors of record on Monday, August 31st will be paid a dividend of 0.28 per share by the electronics maker on Tuesday, September 29th. This represents a c) annualized dividend and a yield of 0.8%. The ex-dividend date is Monday, August 31st.

Corning has raised its dividend payment by an average of 0.0%per year over the last three years. Corning has a payout ratio of 41.3% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Corning to earn $4.28 per share next year, which means the company should continue to be able to cover its $1.12 annual dividend with an expected future payout ratio of 26.2%.

Corning Trading Down 2.6%

Shares of GLW stock opened at $148.87 on Friday. Corning has a 52-week low of $66.14 and a 52-week high of $271.78. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.24 and a current ratio of 1.81. The firm has a market capitalization of $128.24 billion, a PE ratio of 67.98, a PEG ratio of 1.96 and a beta of 1.14. The stock has a fifty day simple moving average of $171.18 and a two-hundred day simple moving average of $164.60.

Corning (NYSE:GLW) last announced its quarterly earnings data on Tuesday, July 28th. The electronics maker reported $0.78 EPS for the quarter, beating the consensus estimate of $0.76 by $0.02. The business had revenue of $4.74 billion for the quarter, compared to the consensus estimate of $4.63 billion. Corning had a return on equity of 20.09% and a net margin of 11.20%.The business’s revenue was up 17.1% on a year-over-year basis. During the same period in the previous year, the business earned $0.60 earnings per share. Corning has set its Q3 2026 guidance at 0.850-0.890 EPS. On average, analysts predict that Corning will post 3.27 EPS for the current fiscal year.

About Corning

Corning Incorporated is a global manufacturer specializing in specialty glass, ceramics and related materials and technologies. Headquartered in Corning, New York, the company supplies engineered materials and components used across multiple industries, including consumer electronics, telecommunications, automotive emissions control, pharmaceutical and life sciences, and industrial and scientific applications. Corning emphasizes materials science and precision manufacturing to develop durable, high-performance glass and ceramic products.

Key product lines include specialty display glass used by television and mobile-device manufacturers, cover glass marketed under well-known trade names for smartphones and tablets, and optical fiber and cable and related hardware for telecommunications networks.