Home > Boards > US Listed > Miscellaneous > General Electric (GE)

GE Board of Directors Approves 12% Increase in

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
mkendra Member Profile
 
Followed By 33
Posts 10,521
Boards Moderated 1
Alias Born 09/11/06
160x600 placeholder
General Electric's Finance Arm Bulks Up in Canada--Plots & Ploys "Dow Jones News" - 7/29/2014 9:35:34 PM
Statement of Changes in Beneficial Ownership (4) "Edgar (US Regulatory)" - 7/29/2014 1:59:36 PM
Statement of Changes in Beneficial Ownership (4) "Edgar (US Regulatory)" - 7/29/2014 1:58:34 PM
Statement of Changes in Beneficial Ownership (4) "Edgar (US Regulatory)" - 7/29/2014 1:54:18 PM
Statement of Changes in Beneficial Ownership (4) "Edgar (US Regulatory)" - 7/29/2014 1:53:27 PM
Statement of Changes in Beneficial Ownership (4) "Edgar (US Regulatory)" - 7/28/2014 6:18:36 PM
Alstom to Supply EUR335 Million Worth of Machinery to Iberdrola in Mexico "Dow Jones News" - 7/28/2014 1:38:14 PM
Statement of Changes in Beneficial Ownership (4) "Edgar (US Regulatory)" - 7/23/2014 11:34:12 AM
Alstom Orders Double but Sales Fall "Dow Jones News" - 7/23/2014 4:57:46 AM
U.S. Stocks Rally, Post Weekly Gains "Dow Jones News" - 7/18/2014 7:02:56 PM
U.S. Stocks Rise; Tech Sector Leads Gains "Dow Jones News" - 7/18/2014 7:00:16 PM
GE Seeks to Raise $3.1 Billion in Synchrony Financial IPO -- 4th Update "Dow Jones News" - 7/18/2014 6:59:09 PM
U.S. Stocks Rise; Tech Sector Leads Gains "Dow Jones News" - 7/18/2014 6:53:43 PM
U.S. Stocks Open Higher; Google Rallies "Dow Jones News" - 7/18/2014 6:52:27 PM
GE Seeks to Raise $3.1 Billion in Synchrony Financial IPO -- 3rd Update "Dow Jones News" - 7/18/2014 6:51:23 PM
U.S. Stocks Open Higher; Google Rallies "Dow Jones News" - 7/18/2014 6:50:23 PM
U.S. Hot Stocks: Hot Stocks to Watch "Dow Jones News" - 7/18/2014 6:49:34 PM
U.S. Stocks: Futures Inch Up; Earnings In Focus "Dow Jones News" - 7/18/2014 6:46:55 PM
GE Seeks to Raise $3.1 Billion in Synchrony Financial IPO -- 2nd Update "Dow Jones News" - 7/18/2014 6:46:23 PM
U.S. Stocks: Futures Flat As Malaysia Jet Crash Stirs Tensions "Dow Jones News" - 7/18/2014 5:20:14 PM
U.S. Stocks: Futures Mixed As Malaysia Jet Crash Stirs Tensions "Dow Jones News" - 7/18/2014 10:20:51 AM
U.S. Stocks: Futures Mixed As Malaysia Jet Crash Stirs Tensions "Dow Jones News" - 7/18/2014 9:57:16 AM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 7/18/2014 7:56:56 AM
Engine Alliance to Explore Upgrade Options for Airbus A380 Engine "Dow Jones News" - 7/17/2014 5:12:41 AM
mkendra   Friday, 12/14/12 11:03:51 AM
Re: None
Post # of 3122 
GE Board of Directors Approves 12% Increase in Quarterly Dividend and Increases Existing Share-Repurchase Authorization by $10B

Dec 14, 2012 10:42:00 (ET)


FAIRFIELD, Conn., Dec 14, 2012 (BUSINESS WIRE) -- The Board of Directors of General Electric Company today raised the Company's quarterly dividend by 12%, or $0.02 per outstanding share of the Company's common stock, to $0.19 per outstanding share of the Company's common stock. The Board declared that the dividend is payable January 25, 2013 to shareowners of record at the close of business on December 24, 2012. The ex-dividend date is December 20, 2012.

In addition, the Board increased the existing share-repurchase authorization by $10 billion and extended the repurchase plan through 2015, which otherwise would have expired on December 31, 2013. As of the end of the third quarter of 2012, the plan had approximately $4.9 billion in remaining authorization.

"We are pleased to increase GE's quarterly dividend for the fifth time in three years," GE Chairman and CEO Jeff Immelt said. "In addition to investing in long-term growth, returning cash to our shareholders remains a top priority. Coupled with our strong operational outlook, today's announcement underscores our balanced and disciplined approach to capital allocation."


Aussies rule - Border Collies drool!
Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist