General Electric (GE) will raise its quarterly dividend by 10.7 percent to $0.31 per share in the first quarter of 2008. This follows a $0.03 per share dividend hike to 28 cents quarterly in the previous year.
The increased dividend is payable January 25, 2008 to shareholders of record on December 24, 2007. The ex-dividend date will be December 20, 2007.
General Electric Company is a global digital industrial company. The Company's products and services range from aircraft engines, power generation and oil and gas production equipment to medical imaging, financing and industrial products.