General Electric (GE) will raise its quarterly dividend by 4.5 percent to $0.23 per share in 2014, marking the fifth year of dividend increases for the industrial company.
However, General Electric cut its dividend by 68% in 2009 during the credit crisis, and still pays less than the $0.31 quarterly dividend of 2009. The indicated dividend yield currently is 3.5%.
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.