Corning, N.Y.-based Corning Incorporated (GLW) is a leading materials science technology company with more than 170 years of experience in glass science, ceramic science, and optical physics. It operates in five segments: Display Technologies; Optical Communications; Environmental Technologies; Specialty Materials; and Life Sciences.
GLW increased its quarterly dividend payout by 12.5% to $0.27 yesterday, payable on March 30, 2022. The company currently pays $1.08 in dividends annually, yielding 2.25% on its current price. Its 2.53% four-year average dividend yield is 73.7% higher than the 1.45% industry average. Shares of GLW surged 1.4% in price intraday yesterday on the news to close yesterday’s trading session at $42.74. Furthermore, the stock has gained 14.8% in price year-to-date.
