Previous close | 33.38 |
Open | 33.42 |
Bid | 0.00 x 900 |
Ask | 33.80 x 1100 |
Day's range | 32.84 - 34.06 |
52-week range | 25.26 - 36.02 |
Volume | |
Avg. volume | 4,637,009 |
Market cap | 28.541B |
Beta (5Y monthly) | 1.09 |
PE ratio (TTM) | 46.50 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 1.12 (3.35%) |
Ex-dividend date | 28 Feb 2024 |
1y target est | N/A |
CORNING, N.Y., April 30, 2024--Corning Incorporated (NYSE: GLW) today announced its first-quarter 2024 results and provided its outlook for second-quarter 2024.
CORNING, NY, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Corning Incorporated’s (NYSE: GLW) Board of Directors today declared a quarterly dividend of $0.28 per share. The dividend will be payable on March 28, 2024, to shareholders of record on Feb. 29, 2024. Caution Concerning Forward-Looking StatementsThe statements contained in this release and related comments by management that are not historical facts or information and contain words such as “will,” “believe,” “anticipate,” “expect,” “intend,” “plan,
Fourth-quarter results demonstrate continued progress restoring productivity ratios to historical levels and raising price to offset inflation; Despite lower sales, fourth-quarter GAAP and core gross margin each improved by more than 300 basis points year over year and cash generation significantly improved; Company has an opportunity to add more than $3 billion in annualized sales and deliver strong incremental profit and cash flow as markets normalize; Management expects first-quarter core sal