Corning (GLW) will raise its quarterly dividend by 14.8 percent to $0.155 per share. The 2017 first-quarter dividend is payable on March 31, 2017, to shareholders of record on Feb. 28, 2017.

Wendell P. Weeks, chairman, chief executive officer and president, said, "Today's action is another significant step toward meeting our goal of distributing more than $12.5 billion to shareholders through a combination of share repurchases and dividend increases of at least 10% annually through 2019."

Corning Incorporated is a manufacturer of specialty glass and ceramics. Corning's products include damage-resistant cover glass for smartphones and tablets; precision glass for advanced displays; optical fiber, wireless technologies, and connectivity solutions for high-speed communications networks; trusted products that accelerate drug discovery and manufacturing; and emissions-control products for cars, trucks, and off-road vehicles.