General Electric (GE) will raise its quarterly dividend by 15.8 percent to $0.22 per share in 2013. Last year the dividend was hiked by two cents to 19 cents per share quarterly.

The increase marks the fourth consecutive dividend increase for GE, after cutting its dividend from $0.31 to $0.10 during the financial crisis in 2009. GE currently has an indicated dividend yield of 3.3%.

General Electric Company (GE) 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.