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

8 comments:

  1. Roadmap2RetireDecember 11, 2014 at 6:09 PM

    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...

    R2R

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    Replies
    1. DividendHawkDecember 11, 2014 at 6:36 PM

      Hi R2R

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

      Have a great day!
      DH

      Delete
  2. DivHutDecember 11, 2014 at 10:40 PM

    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.

    ReplyDelete
  3. CazadividendosDecember 12, 2014 at 12:17 AM

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

    Regards,
    CZD.

    ReplyDelete
  4. Income SurferDecember 12, 2014 at 1:15 AM

    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!
    -Bryan

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  5. MrStockFoxDecember 12, 2014 at 2:20 AM

    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!
    Regards,
    Mr.StockFox

    ReplyDelete
  6. Special Agent DividendDecember 14, 2014 at 8:00 AM

    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.

    ReplyDelete
  7. All About InterestDecember 25, 2014 at 7:30 PM

    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!

    ReplyDelete