Corning (GLW) Dividend Analyzer Analysis
Corning (GLW) Dividend
The Corning dividend has been paid continuously since 2007 and increased for 5 consecutive years.
GLW is included in the Arbor Dividend Growers / Producers List.
Current Dividend: $0.62
Dividend Yield: 1.9%
Cash Dividend Payout Ratio: 67%
Market Capitalization: 28 B
Enterprise Value 31 B
Industry: Electronic Components
Corning (GLW) is a global technology company concentrating in specialty glass, ceramics and optical physics. Operating in five segments: Display Technologies, Optical Communications, Environmental Technologies, Specialty Materials, and Life Sciences; GLW provides products for the Aerospace & Defense, Architecture & Design, Automotive, Consumer Electronics, Communications, Life Sciences, and Optics industries.
Dividend Analyzer Checklist
(updated November 2017)
Dividend Safety Score (20/33 points)
Dividend Payout Ratio (ttm): 26%
Cash Dividend Payout Ratio: 67% (6/12 points)
Dividend Per Share (ttm): $0.60
Cash From Operations (CFO) Per Share (ttm): $2.50
Free Cash Flow (FCF) Per Share (ttm): $0.96
Net Financial Debt: $780 M
Total Assets: $27830 M
Net Financial Debt / Total Assets: 3% (10/12 points)
Net Financial Debt to EBITDA (ttm): 85%
Piotroski Score (1-9) (TTM): (4/9 points)
Profitability Score (10/33 points)
Operating Earnings Yield (ttm): 5.3% (6/15 points)
Net Income (ttm): $2381 M
Gross Profit (ttm): $3973 M
Total Assets: $27830
Gross Profitability Ratio = GP / Total Assets: 14% (4/12 points)
Cash Return On Invested Capital (CROIC)(tttm): 5%
Return on Invested Capital (ROIC): 11%
Valuation Score (22/34 points)
Free Cash Flow Yield (ttm): 3.0% (7/17 points)
EV to EBIT (ttm): 8.4
EV to EBITDA (ttm): 6.4 (15/17 points)
Price to Sales Ratio (ttm): 3.2
Price to Book Value (ttm): 1.8
Price to Earnings Ratio (P/E) (ttm): 14
PE 10: 17
TOTAL POINTS – (52/100) (50 is an average score)
Earnings Report: 10/25/17
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(updated November 2017)
Corning (GLW) is ranked #139 (out of 377) overall and #10 (out of 20) in the Technology Sector by the Dividend Analyzer.
Type of Investor / Recommendation
Large Diversified Dividend Portfolios / Can Be Considered
Looking For Exposure to Technology Sector / Can Be Considered
Deep Value Investors / Watchlist
Portfolio Position Disclosures:
DVB Foundation Portfolio: None
DVB Dividend Growth: None
DVB High Income: None
Arbor Asset Allocation Model Portfolio (AAAMP): None
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