Thursday, December 11, 2014

Recent Buy - General Electric Company (GE)

Yesterday on 10th December I added 100 shares of General Electric Company (GE) at $25.24 per share plus commission ($5.00). With current quarterly dividend ($0.22), my last purchase 100 shares of GE increases €52.90 ($65.56) of expected annual dividend net income. My overall cost basis of this position decreases from $25.93 to $25.58 per share. I totally hold now 180 shares of GE and my yield on cost is 3.44%. You can look at my first purchase of GE here.

My last purchase increase my portfolio projected annual dividend net income approximately to €8035. 00.

Click here to see my portfolio.

Full Disclosure: Long GE


  1. Good move, DH. A solid company adn it'll do well for the coming years. The dividend increase is just around the corner as well...


    1. Hi R2R

      I think we will hear some news about dividend increase on next week.

      Have a great day!

  2. I just made a GE buy this month as well. I like the company going forward being much leaner than in previous years without the financial arm, media assets and low margin appliance business. Thanks for sharing.

  3. Very good buy! I have some shares and I'm waiting it to reach under 24$ to buy a few more.


  4. Congrats. We have a large stake in GE, and we aren't selling at these levels. We like this company more and more....with each division they spin off. Although I wish they hadn't jumped into the oil/gas game!

  5. I have been wanting to increase my holdings in GE in a major way, but the oil companies keep sending me Christmas gifts. If GE can get down to 24 again I plan to pull the trigger. But overall great buy in a great company!

  6. Great buy DH! I would love to add GE in the very near term and will be looking to buy in if the price keeps dropping. It's an awesome company to hold in a long term portfolio.

  7. Nice buy. I was looking at either GE or UTX and ended up with UTX. I wanted to add more but the price has spiked since I bought. I think either company will be great long-term.

    Merry Christmas!