Corning Incorporated operates as an innovator in materials science. Its segments include Optical Communications, Display Technologies, Specialty Materials, Environmental Technologies, and Life Sciences. Its Optical Communications segment manufactures carrier network and enterprise network components for the telecommunications industry. Its Display Technologies segment manufactures glass substrates for flat-panel displays, including liquid crystal displays and organic light-emitting diodes. Its Specialty Materials segment manufactures products that provide material formulations for glass, glass ceramics and fluoride crystals for customer needs. Its Environmental Technologies segment manufactures ceramic substrates and filters for emission control systems in mobile applications. Its Life Sciences segment develops, manufactures and supplies laboratory products, including labware, equipment, media, serum and reagents, enabling workflow solutions for drug discovery and bioproduction.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 191.90%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 191.90%.
Overvalued
The company’s latest PB is 5.99, at a high 3-year percentile range.
Institutional Buying
The latest institutional holdings are 651.02M shares, increasing 0.63% quarter-over-quarter.
Held by David Tepper
Star Investor David Tepper holds 1.75M shares of this stock.