General Electric (GE) Raises Quarterly Dividend 4.5% to $0.23; 3.7% Yield

General Electric (NYSE: GE) declared a quarterly dividend of $0.23 per share, or $0.92 annualized. This is a 4.5% increase from the prior dividend of $0.22.

The dividend will be payable on January 26, 2015, to stockholders of record on December 22, 2014, with an ex-dividend date of December 18, 2014.

The annual yield on the dividend is 3.7 percent.

“We are pleased to increase GE’s quarterly dividend for the seventh time in five years,” said GE Chairman and CEO Jeff Immelt. “Returning cash to shareowners remains our top priority, while we continue to invest in long-term growth. Alongside our strong operational outlook, today’s announcement reflects our balanced and disciplined approach to capital allocation.”

For a dividend history and other dividend-related data on General Electric (GE) click here.

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