Saturday, December 10, 2016

Dividend Increase – General Electric Co. (GE)


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%

Click here to see my portfolio holdings.

You can follow the development of my dividends here.

Thanks for stopping by!

1 comment:

  1. DH,

    Congrats on the payraise. It's always nice to see a dividend increase.

    DM

    ReplyDelete