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— Warren Buffett

The Warren Buffett investment philosophy calls for a long-term investment horizon, where a five year holding period, or even longer, would fit right into the strategy. How would such a strategy have worked out for an investment into Corning Inc (NYSE: GLW)? Today, we examine the outcome of a five year investment into the stock back in 2015.

Start date: 02/04/2015


End date: 02/03/2020
Start price/share: $24.27
End price/share: $26.91
Starting shares: 412.03
Ending shares: 465.21
Dividends reinvested/share: $3.16
Total return: 25.19%
Average annual return: 4.60%
Starting investment: $10,000.00
Ending investment: $12,521.56

The above analysis shows the five year investment result worked out as follows, with an annualized rate of return of 4.60%. This would have turned a $10K investment made 5 years ago into $12,521.56 today (as of 02/03/2020). On a total return basis, that’s a result of 25.19% (something to think about: how might GLW shares perform over the next 5 years?). [These numbers were computed with the Dividend Channel DRIP Returns Calculator.]


Based upon the most recent annualized dividend rate of .8/share, we calculate that GLW has a current yield of approximately 2.97%. Another interesting datapoint we can examine is ‘yield on cost’ — in other words, we can express the current annualized dividend of .8 against the original $24.27/share purchase price. This works out to a yield on cost of 12.24%.

More investment wisdom to ponder: