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Corning Inc has the ticker symbol GLW and is a member of the technology sector as an electronics components company. It has average value and strong fundamental scores on its track record but is 46.11% overpriced based on its historic valuation. I last reported on GLW in the third week of September 2020.

Corning Inc has found favor with investors lately. GLW dividends yield 2.29% while the company's free cash flow yield is 2.56% providing a 0.27% safety margin for the dividend. 

Corning is a leader in materials science, specializing in the production of glass, ceramics, and optical fiber. 

The firm supplies its products for a wide range of applications, from flat-panel displays in televisions to gasoline particulate filters in automobiles to optical fiber for broadband access, with a leading share in many of its end markets.

For example, the company's Life Sciences segment offers laboratory products comprising consumables, such as plastic vessels, specialty surfaces, cell culture media, and serum, as well as general labware and equipment under the Corning, Falcon, Pyrex, and Axygen brands. 

The company was formerly known as Corning Glass Works and changed its name to Corning Incorporated in April 1989. Corning Incorporated was founded in 1851 and is headquartered in Corning, New York.

Three key data points gauge dividend equities or funds like Corning Inc:

(1) Price

(2) Dividends

(3) Returns

Those three basic keys best tell whether a company has made, is making, and will make money. 

GLW Price

Corning's price per share closed at $39.34 yesterday. A year ago its price was $24.67. Price per share has positively recovered from the Covid recession, being 59.5% above last year's mark. 

If Corning Inc's stock trades in the range of $19 to $49 this next year, its recent $39.34 price might rise by $0.66 to reach $40.00 by March 2, 2022. That's in line with the median of thirteen GLW broker analyst projections. 

GLW Dividends

Corning's most recently declared quarterly dividend was $0.24 payable March 30th. Dividends are estimated to total $0.96 per share annually and yield 2.44% at yesterday's $39.34 closing price. It has paid annually increasing dividends for ten years

GLW Returns

Adding the $0.96 annual GLW anticipated dividend to my $0.66 price upside shows a $1.62 potential gross gain, per share, to be reduced by any costs to trade the shares.  

Put little under $1,000.00 today in Corning Inc at $39.34 per share and we'd buy 25 shares of GLW stock.

A $10 broker fee (if charged) would be paid half at purchase and half at sale and might cost us about $0.40 per share.

Subtract that maybe $0.40 brokerage cost from my estimated $1.62 gross gain per share results in a net gain of $1.22 X 25 shares = $30.50 for a 3.05% net gain on a $983.50 investment.

Corning Inc shows a possible 3.05% net gain including a 2.44% dividend yield. 

Over the next year at this time a $1000 investment could generate $24.40 in cash dividends. And a single share bought at yesterday's closing price was nearly $40.00! So, if GLW is your kind of electronics components investment, the price is where the dividend income from $1,000 invested does not yet exceed the single share price. You might consider setting a buy limit order at $30.00.

All of the estimates above are speculation based on the past history of Corning Inc. Only time and money invested in this stock will determine its worth.