Dividend-News
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Dividend News And Catalysts Should Boost General Electric
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Published Wed, 16 May 2012 09:08:01 -0400 on Seeking Alpha
General Electric (GE) has pulled back around 5% since the beginning of the month of May, approximately in line with the overall market. However, the company has made several positive announcements this week and positive catalysts should drive the stock to outperform the market. Key recent GE highlights: Its finance arm will resume paying a dividend to its parent for the first time since the financial crisis. It also will pay a special dividend to GE of $4.5B. This money could be used to increase General Electric's dividend payments to its shareholders and/or to repurchase shares. The company is making a $700mm mining equipment acquisition in Australia. This smartly increases its footprint in this growing sector and positions it nicely to meet growing Asian demand.... Read more
Stock name ISIN Last trade P/E Earnings/Share Dividend/Share Dividend yield BOEING
US0970231058 98.92 18.1 5.33 1.94 1.96