BOSTON, MASSACHUSETTS—(BUSINESS WIRE)—(BUSINESS WIRE)—(BUSINESS WIRE) GE’s (NYSE: GE) Board of Directors today declared a $0.08 per share dividend on the company’s outstanding common stock. The dividend will be paid on October 25, 2021, to stockholders who were on the books on September 27, 2021. The stock will go ex-dividend on September 24, 2021.
What is the current GE dividend?
As of December 02, 2021, the TTM dividend payout for General Electric (GE) is $0.32. The current dividend yield for General Electric is 0.34 percent as of December 02, 2021.
Is GE stock paying a dividend?
General Electric Co. issued a regular quarterly dividend of 8 cents per share on Friday, effectively maintaining the company’s low-yielding rate for the past three years. The dividend will be paid on October 25 to stockholders of the industrial giant who were on the books on September 27. Following the 1-for-8 reverse stock split in early August, the 8-cent payout is the same as the 1-cent dividend GE has paid out since December 2018, when it was reduced from 12 cents as the company attempted to dig itself out of a cash-flow hole. In Friday afternoon trading, GE’s stock fell 0.3 percent. At today’s stock prices,
Is GE a stock to buy?
General Electric is making headway on its long-term turnaround plan. As the airline sector and the larger economy progressively recover from the epidemic, GE earnings and cash flow are likely to increase further in 2021.
Furthermore, General Electric is about to undergo a major makeover, abandoning its diverse background in order to focus on aviation.
Many Wall Street analysts are optimistic about GE’s present management and improving fundamentals. Others, on the other hand, remain on the sidelines. GE is also a member of a trailing industrial group.
GE stock is currently trading at 115.30, which is a good buy point. However, the stock remains below the entry point, and the RS line is underwhelming.
Buying an index fund, such as SPDR S&P 500 (SPY), would have provided better long-term returns than GE shares. If you’re looking for a large-cap stock to invest in, IBD has a few good suggestions.
Check out IBD Stock Lists and other IBD material to find the finest stocks to buy or watch.
Why are GE stocks so cheap?
The General Electric Company (NYSE:GE) is one of the country’s oldest and most well-known corporations. It was formed by Thomas Edison, J.P. Morgan, and other partners in the late 1800s and has since grown to become an international conglomerate. GE stock has been a stunning performer, even before last year’s stock market crisis, despite its heritage and triumphs.
GE has experience in aviation, healthcare, oil, venture capital, and other hard-hit industries to address at least the COVID part. Even experts from founder Morgan’s namesake bank warn it’s a dangerous bet for 2021, citing the difficult year of 2020.
It gained some confidence once the election results were certified, but it still has a long way to go. Let’s turn on the light to see how this once-loved American classic is being left in the dark by investors.
Is NLY a safe investment?
In the short term, Annaly Capital Management appears to be a safe and low-risk investment, but profits, book value, and dividends may be lower than they are now in 5 or 10 years. As a result, NLY isn’t unduly risky, but it’s also not a very safe buy-and-hold investment, as the company’s history has demonstrated.
