GE (GE) Sticking with Acqusitions in $1-$3B Range This Year, Increasing Dividend 'One of Our Top Priorities'

GE's (NYSE: GE) annual letter to shareholders was just released. The company's Jeff Immelt said not to "look for any big deals in 2012." Instead, Immelt believes a focus on acquisitions within the $1-$3 billion range "improves our chance for success."

Immelt also said boosting GE's dividend payout was another top priority.

Shares of GE are up 3 cents to $19.05 at last check.

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