GE Can Soar in a Sluggish Economy

Updated

General Electric just declared a $0.17-per-share quarterly dividend on its outstanding common stock, which is nothing for investors to write home about. For now, the announcement from the board of directors kept the dividend payout right on track with consistent quarterly payouts from the industrial conglomerate, amounting to a yield of just over 3%.

However, industrials analyst Isaac Pino believes that the chances of seeing GE increase that dividend payout are high, even considering a tepid economic outlook. Why? Management has placed the right leaders and resources in the right places to take advantage of the fast-growing businesses where demand is stable and strong. In aviation, the backlog will allow the business to thrive because of the upgrades in Asia and other emerging markets. GE will follow Boeing in this respect and will also benefit from rising demand for scarce energy resources. Watch the following video for a more in-depth take on GE's future prospects.

If you're a GE investor, you need to be aware of the company's strategy as the economy zooms and falters in this volatile environment. You also need to be aware of the threats to GE's portfolio. To help, we're offering comprehensive coverage for investors in a premium report on General Electric, in which our industrials analyst breaks down GE's multiple businesses. You'll find reasons to buy or sell GE, and you'll receive continuing updates as major events unfold during the year. To get started, click here now.

The article GE Can Soar in a Sluggish Economy originally appeared on Fool.com.

Austin Smith and Isaac Pino own shares of General Electric. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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