Fidelity
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 34
Posts 10,518
Boards Moderated 3
Alias Born 09/11/06
160x600 placeholder
U.S. Stock Futures Rise "Dow Jones News" - 4/15/2014 8:52:57 AM
Alstom to Cut Up to 200 Jobs "Dow Jones News" - 4/15/2014 6:50:58 AM
Italy's New Premier Renzi Names State-Controlled Company Heads "Dow Jones News" - 4/14/2014 4:03:15 PM
Fast, High Definition, Low Dose: GE Healthcare Announces FDA Clearance of Revolution CT "PR Newswire (US)" - 4/14/2014 10:49:00 AM
Apollo's Momentive Performance Materials Makes Chapter 11 Bankruptcy Filing "Dow Jones News" - 4/13/2014 10:11:36 PM
Google, Intel, IBM Outlooks To Trump Earnings Results "Dow Jones News" - 4/13/2014 8:46:33 AM
Stock Price Updates, Business Expansions, New Product Launches and Earnings Release Schedules - Analyst Notes on HCA Holdings... "PR Newswire (US)" - 4/11/2014 10:10:00 AM
A Make or Break Week for Q1 Earnings Season - Earnings Preview "Zacks" - 4/11/2014 2:43:01 AM
GE New Shared Services Center Bringing 1,400 Jobs To Greater Cincinnati "PR Newswire (US)" - 4/10/2014 9:30:00 AM
Forthcoming Earnings -- Research on BB&T, Fifth Third Bancorp, Chipotle Mexican Grill, and General Electric "PR Newswire (US)" - 4/9/2014 10:33:00 AM
CarCharging and GE to Provide Interoperability Between EV Charging Networks "PR Newswire (US)" - 4/8/2014 11:00:00 AM
GE Healthcare Receives FDA Clearance For Q.Clear Technology "PR Newswire (US)" - 4/8/2014 9:00:00 AM
Amended Statement of Changes in Beneficial Ownership (4/a) "Edgar (US Regulatory)" - 4/4/2014 3:44:32 PM
GE Planning Hong Kong IPO for Aircraft Leasing Unit - Report "Dow Jones News" - 4/4/2014 11:03:45 AM
Statement of Changes in Beneficial Ownership (4) "Edgar (US Regulatory)" - 4/4/2014 8:25:28 AM
Statement of Changes in Beneficial Ownership (4) "Edgar (US Regulatory)" - 4/3/2014 5:05:22 PM
Statement of Changes in Beneficial Ownership (4) "Edgar (US Regulatory)" - 4/3/2014 5:04:20 PM
Statement of Changes in Beneficial Ownership (4) "Edgar (US Regulatory)" - 4/3/2014 5:03:58 PM
Statement of Changes in Beneficial Ownership (4) "Edgar (US Regulatory)" - 4/3/2014 5:03:33 PM
Statement of Changes in Beneficial Ownership (4) "Edgar (US Regulatory)" - 4/3/2014 5:03:13 PM
Statement of Changes in Beneficial Ownership (4) "Edgar (US Regulatory)" - 4/3/2014 5:02:44 PM
Statement of Changes in Beneficial Ownership (4) "Edgar (US Regulatory)" - 4/3/2014 5:01:58 PM
Statement of Changes in Beneficial Ownership (4) "Edgar (US Regulatory)" - 4/3/2014 5:01:30 PM
Statement of Changes in Beneficial Ownership (4) "Edgar (US Regulatory)" - 4/3/2014 5:00:42 PM
Statement of Changes in Beneficial Ownership (4) "Edgar (US Regulatory)" - 4/3/2014 4:59:54 PM
mkendra   Friday, 12/14/12 11:03:51 AM
Re: None
Post # of 2975 
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