General Electric (GE) will raise its quarterly dividend by 20 percent to $0.12 per share in 2010. This is the first dividend increase by GE since last year's 68 percent dividend cut to $0.10 per share quarterly.
The increased dividend is payable October 25, 2010 to shareholders of record on September 20, 2010. The ex-dividend date will be September 16, 2010.
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.