Corning declares quarterly dividend of $0.28 per share

NEW YORK - Corning Incorporated (NYSE:GLW), with a market capitalization of $73.92 billion, announced Wednesday that its Board of Directors has declared a quarterly dividend of $0.28 per share, payable on December 12, 2025, to shareholders of record on November 14, 2025. The company has maintained dividend payments for 19 consecutive years, with a current yield of 1.32%.

The materials science company, known for its innovations in glass, ceramic science, and optical physics, maintains its dividend as part of its regular shareholder return program. According to InvestingPro analysis, Corning’s financial health score is rated as "GOOD," with particularly strong momentum metrics.

Corning operates across multiple sectors including optical communications, mobile consumer electronics, display technology, automotive, solar, semiconductors, and life sciences. The company has a 170-year history in materials science innovation and has demonstrated solid performance with revenue growth of 14.63% over the last twelve months.

The dividend announcement comes as part of Corning’s ongoing capital allocation strategy. The company made the announcement in a press release statement but did not provide additional information regarding changes to its dividend policy or broader financial outlook.

Corning stock trades on the New York Stock Exchange under the ticker symbol GLW. Shareholders who own Corning stock by the November 14 record date will receive the dividend payment in December.

In other recent news, QuantumScape Corporation announced a partnership with Corning Incorporated to develop ceramic separator manufacturing capabilities for its solid-state batteries. This collaboration aims to establish high-volume production for commercial applications, leveraging QuantumScape’s battery technology and Corning’s ceramics manufacturing expertise. This marks a significant step in accelerating the industrialization of QuantumScape’s next-generation battery technology.

Additionally, UBS raised its price target for Corning to $91 from $84, maintaining a Buy rating on the stock. The investment firm cited an optimistic outlook on Corning’s Optical business, projecting growth approximately 16% above consensus estimates. UBS also forecasts a compound annual growth rate exceeding 40% for Corning’s Enterprise business through 2027.

In other developments, Corning’s stock saw an increase following a visit from Apple’s CEO Tim Cook to the company’s Harrodsburg facility. The plant is known for producing glass components for iPhones and Apple Watches. The visit was highlighted by CNBC’s Jim Cramer, emphasizing the significance of the event for Corning.

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