Corning ( GLW) Price To Book: 1 Earnings Payout Percentage: 27% Background: Corning manufactures optical fiber, cable and photonic products for the telecommunications industry and high-performance displays and components for television and other communications-related industries. Corning trades an average of 10 million shares per day with a market cap of $21 billion. Corning is the clear leader in its space, with the next largest competitor having revenue less than 30% of Corning's. Corning is essentially a stock you can buy, throw in the back of the drawer and forget about it, only to get reminded you own it four times a year when the dividend check arrives. The dividend is an attractive 2.7%. Unless you think display screens are going the way of the horseless carriage, Corning should have a strong future -- a future that likely belongs in your portfolio. The stock appreciated 12% in the last year, and the average analyst target price is $16.44. Also, based on the float the short interest is unimportant and not a worry. The small amount of short interest is 2.2%. GLW Payout Ratio TTM data by YChartsAt the time of publication the author had no position in any of the stocks mentioned.Follow @RobertWeinsteinThis article was written by an independent contributor, separate from TheStreet's regular news coverage.