General Electric (GE) Raises Quarterly Dividend 4.3% to $.24; 3.1% Yield

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Go back to General Electric (GE) Raises Quarterly Dividend 4.3% to $.24; 3.1% Yield

GE Board of Directors Approves 4% Increase in Quarterly Dividend

December 9, 2016 11:27 AM EST

BOSTON--(BUSINESS WIRE)-- The Board of Directors of GE (NYSE: GE) today raised the Companys quarterly dividend 4%, or $0.01 per outstanding share of the Companys common stock, to $0.24 per outstanding share of the Companys common stock. The Board declared that the dividend is payable January 25, 2017 to shareowners of record at the close of business on December 27, 2016. The ex-dividend date is December 22, 2016.

GE has continued to deliver for our shareholders in 2016, said GE Chairman and CEO Jeff Immelt. We have a disciplined capital allocation strategy with a plan to return approximately $30 billion of cash to... More