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Corning (GLW) gains 4.8% AH after boosting its quarterly dividend 50%, to $0.075/share, and...

  • Wednesday, October 5, 2011, 5:31 PM ET
    Corning (GLW) gains 4.8% AH after boosting its quarterly dividend 50%, to $0.075/share, and announcing a $1.5B stock buyback. Corning's annual dividend yield now stands at approximately 2.5%.
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This news story has 3 comments:

  •  
    Nice 10% Net Payout Yield if they complete the buyback at these levels. Interesting.
    5 Oct 2011, 05:37 PM Reply Like
  •  
    20% jump tomorrow?
    6 Oct 2011, 04:53 AM Reply Like
  •  
    Corning is a rock solid "tech" company that is 160 years old. Its management will always find a way to make money in any environment.
    6 Oct 2011, 11:49 PM Reply Like
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