GE Keeps Dividend Steady
General Electric announced today its second-quarter dividend of $0.19 per share, the same rate it's paid for the past two quarters after raising the payout 12% from $0.17 per share.
The board of directors said the quarterly dividend is payable on July 25 to holders of record at the close of business on June 24. The industrial conglomerate has made dividend payments to investors for over 100 years.
The regular dividend payment equates to a $0.76-per-share annual dividend, yielding 3.2% based on the closing price of GE's stock today.
The article GE Keeps Dividend Steady originally appeared on Fool.com.Fool contributor Rich Duprey and The Motley Fool own shares of General Electric. 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.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.