GE Keeps Dividend Steady
Jun 14th 2013 10:21PM
Updated Jun 14th 2013 10:22PM
General Electric announced today its second-quarter dividend of $0.19 per share, the same rate it's paid for the past two quarters after raising the payout 12% from $0.17 per share.
The board of directors said the quarterly dividend is payable on July 25 to holders of record at the close of business on June 24. The industrial conglomerate has made dividend payments to investors for over 100 years.
The regular dividend payment equates to a $0.76-per-share annual dividend, yielding 3.2% based on the closing price of GE's stock today.
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