Industrial glass manufacturer Corning (GLW) makes the heavy-duty screens on tablets and smartphones, and has a strong 21st century business despite rather low-tech roots.
While GLW is having a boffo 2013, up 30% year-to-date, shares still are off roughly 35% from their 2011 peak. However, the dividend potential of this company makes it a powerful long-term bet; GLW pays 10 cents a quarter to yield 2.3% and deliver about $580 million in cash back to shareholders.
And on the stock buyback front, GLW just authorized a $2 billion stock buyback plan in April on the heels of a $1.5 billion plan that should expire nearly fully executed at the end of 2014 after snapping up over 40 million shares during the past 12 months.
Corning is admittedly smaller than the other players on this list, but at a $24 billion market cap, it’s hardly a small fish. Dividend investors can have confidence that this company will continue its big paydays going forward.