Yesterday on December 9 General Electric Co. announced a quarterly dividend increase of from $ 0.23 to $ 0.24 per share that’s payable January 25, 2017 to holders of record December 27, 2016. This represents a 4.35% increase to regular quarterly dividends. With current price $ 31.78 (yesterday's close), this raise brings their dividend yield to 3.02%.
Since I own 180 shares, this will increase my yearly net dividends by $ 5.36.
That increase rises my YOC to 3.75%
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