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Corning (GLW) declares $0.09/share quarterly dividend, 20% increase from prior dividend of...

Corning (GLW) declares $0.09/share quarterly dividend, 20% increase from prior dividend of $0.075. Forward yield 2.72%. For shareholders of record Nov 16. Payable Dec 14. Ex-div date Nov 14. (PR)
Comments (6)
  • TwistTie
    , contributor
    Comments (2476) | Send Message
     
    Is this telegraphing a good earnings report?

     

    The stock is up nicely today.
    3 Oct 2012, 01:19 PM Reply Like
  • Michael Kurty
    , contributor
    Comments (10) | Send Message
     
    This may be the reason for the strong upward push on 9/27 that I noted in my blog on 9/28.. Couldn't find any news to support that big push.. Now I have a suspicion that the buying was due to the decision about increasing the dividend... but ...who knows????
    3 Oct 2012, 02:15 PM Reply Like
  • mikeurl
    , contributor
    Comments (432) | Send Message
     
    This strikes me as an odd move when their profit margins are shrinking. I guess they are going to try to force the share price up by boosting the yield. That can work but they will need the cash flow to back it up.
    3 Oct 2012, 02:45 PM Reply Like
  • investormen
    , contributor
    Comment (1) | Send Message
     
    Go GLW!
    3 Oct 2012, 04:19 PM Reply Like
  • TwistTie
    , contributor
    Comments (2476) | Send Message
     
    Since there are no substantive arguments to the contrary, I'm looking for a great earnings report and I will not be surprised if they pre-announce.

     

    GLW is up 20.47% since July 25 and left the S&P in the dust on September 5.

     

    Something is going on, and that is not wishful thinking.
    4 Oct 2012, 12:33 PM Reply Like
  • sirsyedali
    , contributor
    Comments (2) | Send Message
     
    Corning new invention to make Gorilla Glass thinner and stronger will create a new application for up-coming devices and use on this great material in the TV market will generate a tremendous amount of growth.
    16 Oct 2012, 10:22 AM Reply Like
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