Will Corning See Another Dividend Jump in 2013?
Corning , a company that makes glass and ceramics mostly for industrial and scientific purposes, is a dividend investor favorite. In this video, Motley Fool tech and telecom analyst Eric Bleeker discusses how this company's continually growing its yield, and how net cash on its balance sheet that's available to keep paying those dividends makes it a very attractive company to be a part of. In addition, its ultra-cheap P/E ratio makes it a very interesting buy at the moment. He also tells us whether or not he thinks the company can sustain increased dividend yield growth in the coming years, and tells us what the implications are of the company's recent announcement that demand for its Gorilla Glass, found in iPhones and other high-end mobile devices, was stronger than expected.
With the explosive growth of smartphones worldwide, many investors thought they would ride Corning's dominant cover glass to massive investment returns. That hasn't played out yet, as mobile growth has failed to offset declines in the company's core business. In this brand new premium research report on Corning, our analyst walks through the business, as well as the key opportunities and risks facing it today. Click here to claim your copy, and receive a full year of updates as key events unfold.
The article Will Corning See Another Dividend Jump in 2013? originally appeared on Fool.com.Eric Bleeker has no positions in the stocks mentioned above. The Motley Fool owns shares of Corning. Motley Fool newsletter services recommend Corning. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.