A portfolio of stocks I've been building since September 3, 2019, named Volio, will eventually hold 52 dividend dogs. Volio is the fifth portfolio I've built (at a one dividend dog per-week pace) since 2014. Five portfolios = V for Volio!

Today I'm reviewing the second of five technology sector stocks striving to join my Volio folio this week. This could be my thirty-fifth pick for Volio!

That technology sector includes nineteen industries ranging from communication equipment, computers, consumer electronics, and contract manufacturing, to health, information technology and services, to internet, scientific instruments, software, solar, and all such techno-marvels.

My subject today is an electronic components company named, Corning Inc. Its trading ticker symbol is GLW. This is my third report on Corning Inc. This year. I like Corning

Corning is a leading supplier of advanced glass substrates used in LCDs, optical fiber, ceramic substrates, and a variety of other materials science products.

Corning operates in five segments: display technologies, optical communications, environmental technologies, specialty materials, and life sciences. Although headquartered in New York, the company’s operations and geographic reach span the globe, with most of Corning’s revenue generated in Asia-Pacific.

Corning Incorporated has a strategic collaboration with Intel Corporation to accelerate the availability of 5G in buildings.

'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.

I use three key data points to gauge dividend equities or funds like Corning Inc:

(1) Price

(2) Dividends

(3) Returns

Besides those three, several other keys will finally unlock an equity or fund in which to invest, or not.

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

GLW Price

Corning's price per share closed at $21.63 yesterday. A year ago their price was $33.65. Market price dropped $12.02 or just over 35.7%.

Assuming Corning's stock trades in the range of $13 to $30 this next year, its recent $21.63 price might rise by $2.37 to reach $24.00  by April 28, 2021.

GLW Dividends

Corning's most recent declared quarterly dividend was $0.22 paid March 31st. That $0.22 Q dividend equates to $0.88 annually and yields 4.07% at yesterday's $21.63 share price.

GLW Gains?

Adding the $0.88 annual estimated dividend to my $2.37 optimistic estimate of GLW's price upside shows a $3.25 potential gross gain, per share, reduced by any costs to trade those shares.

A little under $1,000.00 today put into Corning Inc shares at their $21.63 price, buys 46 shares of GLW.

A $10 broker fee paid half at purchase and half at sale could cost about $0.22 per share.

Subtract that $0.22  brokerage cost from my estimated $3.25 gross gain per share results in a net gain of $3.03 X 43 shares = $139.38 or a 13.9% net gain on a $994.98 investment.

Therefore, Corning Inc, whose trading ticker symbol is GLW shows a possible 13.9% net gain including a 4.07% dividend yield. It could be more, it could be less.   

The above speculation is based on past performance and supposition. Only time and money invested will tell if Corning Inc is worth the expenditure.