GE vs Specialty Industrial Machinery Stocks
| Ticker | Div. Yield | Stable? | Drop Count (L10Y) | Payout Ratio |
| GE | 0.50% | No | 2 | -7.10% |
| MMM | 4.56% | Yes | 0 | +61.20% |
| ITW | 2.67% | Yes | 0 | +56.10% |
| ETN | 2.47% | Yes | 0 | +55.60% |
Full Answer
Does GE still pay a dividend?
General Electric (NYSE:GE) pays quarterly dividends to shareholders. When is General Electric's next dividend payment? General Electric's next quarterly dividend payment of $0.08 per share will be made to shareholders on Tuesday, January 25, 2022.
When will GE raise dividend?
Once the deal closes (in nine to 12 months), GE said it will have paid down more than $70 billion in debt since 2018. Hence, some early chatter on the Street of a dividend increase by GE in 2022 ...
Did GE cut its dividend?
Why did GE cut dividends? As a new CEO, Larry Culp has decided to cut the company’s long-standing dividend to a cent per share, a drastic reduction from the 119-year-old payout. On Tuesday, General Electric reported worse-than-expected profits and a $22 billion accounting writedown for its power sector. To speed up the turnaround, Culp intends to divide the electricity division.
Should you buy GE stock?
Two analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, Portland General Electric currently has an average rating of “Hold” and a consensus price target of $52.00.
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What is GE dividend payout?
Ex-Dividend Date 03/07/2022. Dividend Yield 0.41% Annual Dividend $0.32.
What was GE dividend for 2020?
$0.01Dividend History for General Electric (GE)Ex-Div. DateAmountPay. Date6/26/2020$0.017/27/20203/6/2020$0.014/27/202012/20/2019$0.011/27/20209/13/2019$0.0110/25/201941 more rows
Is GE paying a dividend in 2021?
BOSTON, Mass. —December 10, 2021—The Board of Directors of GE (NYSE: GE) today declared a $0.08 per share dividend on the outstanding common stock of the Company. The dividend is payable January 25, 2022 to shareholders of record at the close of business on December 21, 2021. The ex-dividend date is December 20, 2021.
Does GE pay good dividends?
GE pays a dividend of $0.32 per share. GE's annual dividend yield is 0.48%. General Electric Co's dividend is lower than the US industry average of 1.66%, and it is lower than the US market average of 3.7%.
Which stock has the highest dividend?
9 highest dividend-paying stocks in the S&P 500:AT&T Inc. (T)Williams Cos. Inc. (WMB)Devon Energy Corp. (DVN)Oneok Inc. (OKE)Simon Property Group Inc. (SPG)Kinder Morgan Inc. (KMI)Vornado Realty Trust (VNO)Altria Group Inc. (MO)More items...
When did GE stop paying dividends?
GE famously kicked investors in the teeth yet again (the stock had crashed 65% in the two years prior to the dividend cut, per Yahoo Finance Plus data) on October 30, 2018 by slashing its once hallowed dividend to a penny (where it continues to be today) from 12 cents.
How often are GE dividends paid?
There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 14.7. Our premium tools have predicted General Electric Co.
Can GE stock recover?
General Electric's shares appear to be poised for a rebound, based on an analysis of the stock's sell-side analyst price targets. The mean consensus target price for GE is $124.71, which is +25% higher than the company's last traded share price of $99.95 as of January 6, 2022.
What are analysts saying about GE?
Stock Price Forecast The 15 analysts offering 12-month price forecasts for General Electric Co have a median target of 102.00, with a high estimate of 120.00 and a low estimate of 80.00. The median estimate represents a +52.90% increase from the last price of 66.71.
Will GE ever increase dividend?
GE Board of Directors Approves 4% Increase in Quarterly Dividend.
Is GE stock a good buy now?
Bottom line: GE stock is not a buy. Over the long term, buying an index fund, such as SPDR S&P 500 (SPY), would have delivered safer, higher returns than GE stock. If you want to invest in a large-cap stock, IBD offers several strong ideas here.
Does GE plan to increase dividend?
That's a 313% increase over 2020 at the low end of its FCF estimate and a 643% increase at the high end. To get back to $1.24 in dividends paid out annually, GE would have to generate approximately $10.9 billion (8.8 billion shares outstanding multiplied by $1.24) in FCF to accommodate such a payment.
What is General Electric's dividend yield?
The current dividend yield for General Electric (NYSE:GE) is 0.45%. Learn more on GE's dividend yield history.
How much is General Electric's annual dividend?
The annual dividend for General Electric (NYSE:GE) is $0.32. Learn more on GE's annual dividend history.
How often does General Electric pay dividends?
General Electric (NYSE:GE) pays quarterly dividends to shareholders.
When was General Electric's most recent dividend payment?
General Electric's most recent quarterly dividend payment of $0.08 per share was made to shareholders on Monday, April 25, 2022.
Is General Electric's dividend growing?
Over the past three years, General Electric's dividend has not grown. It has decreased by -52.36%.
When did General Electric last increase or decrease its dividend?
The most recent change in General Electric's dividend was a decrease of $0.88 on Friday, December 7, 2018.
What is General Electric's dividend payout ratio?
The dividend payout ratio for GE is: -6.99% based on the trailing year of earnings 11.35% based on this year's estimates 6.97% based on next yea...
Does GENERAL ELECTRIC pay a dividend?
Yes, GE has paid a dividend within the past 3 months.
What is GENERAL ELECTRIC's Dividend Payment Date?
GENERAL ELECTRIC 's last dividend payment date was on 2022-04-25 , when GENERAL ELECTRIC shareholders who owned GE shares before 2022-03-...
Is GENERAL ELECTRIC's dividend stable?
No, GE's dividend has not been stable over the last 10 years
Does GENERAL ELECTRIC have sufficient earnings to cover their dividend?
No, GE's past year earnings per share was -$4.51, and their annual dividend per share is $0.32. GE's dividend payout ratio is -7.1%, which is not s...
How much is GENERAL ELECTRIC's dividend?
GE pays a dividend of $0.32 per share. GE 's annual dividend yield is 0.42% . GENERAL ELECTRIC 's dividend is lower than the US industry...
What is GENERAL ELECTRIC's Ex-Dividend Date?
GENERAL ELECTRIC 's previous ex-dividend date was on 2022-03-07 . GENERAL ELECTRIC shareholders who own GE stock before this date receive...
Is GENERAL ELECTRIC's dividend showing long-term growth?
No, GE's' dividend has decreased over the past 10 years.
Component Grades
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Dividend Yield and Dividend History Highlights
GE has a compound annual growth rate of its cash flow of -0.6%, higher than about only 0.2% stocks in our dividend set.
GE Dividends vs. Peers
GE's dividend yield currently ranks #32 of 51 vs. its peers in the Industrial - Manufacturing category.
What is dividend reliability?
Dividend Reliability. A stock’s dividend reliability is determined by a healthy payout ratio that is higher than other stocks. A company that pays out close to half its earnings as dividends and retains the other half of earnings has ample room to grow its business and pay out more dividends in the future.
Is a high dividend yield risky?
If a stock’s yield is above or near the market average then it will be rated higher within this parameter. High dividend yields (usually over 10%) should be considered extremely risky, while low dividend yields (1% or less) are simply not very beneficial to long-term investors. Dividend Reliability.
What are the segments of General Electric?
The company's businessis divided in to the following business segments: Aircraft Engines, Commercial Finance, Consumer Finance. General Electric was added to Dow Jones November 7th, 1907. It has a very good track record of paying increased dividends to shareholders. Sector.
When was General Electric Company born?
The chart below shows the optimized dividends for this security over a rolling 12-month period. General Electric Company (GE) was born in 1892, following the merger of Edison General Electric Company and Thomson-Houston Electric Company.
