CORNING, NY, June 30, 2021 (GLOBE NEWSWIRE) – Corning Incorporated (NYSE: GLW) Board of directors today declared a quarterly dividend of $ 0.24 per share on the company’s common stock. The dividend will be payable on September 29, 2021 to shareholders of record on August 31, 2021.
Caution regarding forward-looking statements
Statements in this release that are not facts or historical information and contain words such as “will”, “believe”, “anticipate”, “expect”, “intend”, “plan” , “Seek”, “see”, “would” and “target” and similar expressions are forward-looking statements. These forward-looking statements are made in accordance with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and include estimates and assumptions relating to economic, competitive and legislative developments. Such statements relate to future events which by their nature deal with matters which are, to varying degrees, uncertain. These estimates are subject to changes and uncertainties which are, in many cases, beyond our control. There can be no assurance that future developments will meet management’s expectations. Actual results could differ materially from what we expected, depending on the outcome of various factors. We do not undertake to update any forward-looking statements.
Although the Company believes that these forward-looking statements are based on reasonable assumptions concerning, among other things, current estimates and forecasts, general economic conditions, its knowledge of its business and key performance indicators that affect the Company, actual results could differ materially. The Company does not undertake to update any forward-looking statements. Some of the risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by forward-looking statements include, but are not limited to: the duration and severity of the COVID-19 pandemic , and its ultimate impact on all of our businesses on demand, operations and our global supply chains; the effects of acquisitions, disposals and other similar transactions; global business, financial, economic and political conditions; import tariffs and duties; exchange rate fluctuations between the US dollar and other currencies, primarily the Japanese yen, the new Taiwan dollar, the euro, the Chinese yuan and the South Korean won; product demand and industry capacity; competitive products and prices; the availability and costs of critical components and materials; development and marketing of new products; order activity and demand from major customers; the amount and timing of our cash flow and earnings and other conditions, which may affect our ability to pay our quarterly dividend at the expected level or to repurchase shares at the expected levels; possible disruption of business activities due to terrorist activity, cyber attack, armed conflict, political or financial instability, natural disasters or major health problems; loss of intellectual property due to theft, cyberattack or disruption of our IT infrastructure; unforeseen disruption of equipment, facilities, computer systems or operations; effect of regulatory and legal changes; ability to match capital expenditures to expected levels of customer demand; rate of technological change; ability to enforce patents and protect intellectual property and trade secrets; adverse litigation; product and component performance issues; retention of key personnel; the ability of customers, particularly in the display technology segment, to maintain profitable operations and obtain financing to fund ongoing operations and manufacturing expansions and to pay accounts receivable when due; loss of important customers; changes in tax laws and regulations; the impacts of controls by tax authorities; the potential impact of laws, government regulations and other government actions and investigations; and other risks detailed in documents filed by Corning with the SEC.
For a complete list of risks and other factors, please refer to the risk factors and forward-looking statements described in our Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q.
In accordance with the guidelines provided by the SEC regarding the use of company websites and social media channels to disclose material information, Corning Incorporated (“Corning”) wishes to inform investors, the media and other interested parties that ‘she uses her website (https://www.corning.com/worldwide/en/about-us/news-events.html) to publish material information about the company, including information which may be considered important to investors, or additional to information contained in this press release or others. The list of websites and social media channels the Company uses may be updated from time to time on Corning Media and website. Corning encourages investors, the media, and other interested parties to review information Corning may post through its website and social media channels, as described above, in addition to SEC filings, press releases. press, conference calls and webcasts.
About Corning Incorporated
Corning (www.corning.com) is one of the world’s leading innovators in materials science, with 170 years of experience in life-changing inventions. Corning applies its unparalleled expertise in glass science, ceramics science and optical physics along with its in-depth manufacturing and engineering capabilities to develop category-defining products that transform industries and improve people’s lives. Corning succeeds through a sustained investment in RD&E, a unique combination of material and process innovation, and deep, trust-based relationships with customers who are global leaders in their industries. Corning’s capabilities are versatile and synergistic, allowing the business to evolve to meet changing market needs, while helping our customers seize new opportunities in dynamic industries. Today, Corning’s markets include optical communications, mobile consumer electronics, display, automotive and life sciences.
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Ann HS Nicholson