General Electric Keeping Dividend Steady
General Electric's Board of Directors has declared a quarterly dividend of $0.19 per share.
The company has paid this same amount to investors since December 2012, after upping its payout by $0.02, or 11.7%, from $0.17. GE's latest quarterly dividend will be payable on Oct. 25 to shareholders of record as of Sept. 23.
On an annualized basis, GE's dividend payout comes to $0.76 per share of common stock. As of the market's close on Sept. 12, the company had a stock price of $23.85, which means GE's current dividend has a yield of 3.2%.
The article General Electric Keeping Dividend Steady originally appeared on Fool.com.Fool contributor Caroline Bennett has no position in any stocks mentioned. The Motley Fool owns shares of General Electric Company. Try any of our Foolish newsletter services free for 30 days. We Fools may not 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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