Friday, December 13, 2013

GE Raises Dividend 16%

I have been waiting for this one all month and GE did not fail to disappoint.  Ive been a long term shareholder and went through the dark days of of 2008-2009 including the dividend cut.

Since then, GE has increased its dividend 6 times- from 10 cents to .12 (GE raises dividend 20%) to .14 to .15 to .17 to .19 and now to 22 cents.

This will be my final dividend increase of the year and adding $107 to my annual dividend income.

3 comments:

  1. I think a lot of us smiled when we saw this increase. I've held my shares since the crash, and I still think better things are coming from GE
    -Bryan

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  2. Bryan, I agree. Hope you were able to get some cheap shares during the crash :)

    AA

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  3. Ia not a big fan of GE their more of a financial services company than a industrial company.

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