5 Dividend Stocks Sitting Out the Rally: Corning Incorporated (GLW), The Dow Chemical Company (DOW) and More

And finally we have Corning, the specialty glass and ceramics giant. Corning just this week reported a 14% rise in sales and its first quarterly improvement in earnings since 2010. Key to that profit boost was a turnaround in its display technologies division, which was hurt by sales declines last year thanks to tanking flat-screen display prices. That segment finally managed to kick in a slight increase of 3% last quarter. Corning also celebrated the fact that its Gorilla Glass product, which is used in smartphones and other consumer devices, exceeded $1 billion for the year. The company just introduced its third version of the scratch-resistant glass to the Consumer Electronics Show. If that product performs well, and if the display business holds up, shares could be a bargain at just 10 times trailing earnings — with a solid 3% yield to boot.

Foolish bottom line
The market’s quick rise has made good yields tougher to find this year. But that doesn’t mean dividend seekers should settle for avoiding the market altogether. There are still plenty of strong candidates for income-producing investments around.

The article 5 Dividend Stocks Sitting Out the Rally originally appeared on Fool.com and is written by Demitrios Kalogeropoulos.

Fool contributor Demitrios Kalogeropoulos owns shares of Aflac. The Motley Fool recommends Aflac, Coach, and Corning. The Motley Fool owns shares of Coach and Corning.

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