Corning (GLW) will raise its quarterly dividend by 11.1 percent to $0.20 per share in the first quarter of 2019. Last year the company hiked its dividend by 116.1 percent.
The 2019 first-quarter dividend is payable on March 29, 2019, to shareholders of record on February 28, 2019. The new dividend yield for GLW is 2.2%.
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.