General Electric (GE) operates as an infrastructure and financial services company worldwide.
The company raised dividends by 15.80% to 22 cents per share. This marked the 4th consecutive annual dividend increase for General Electric. The new dividend is still below the levels of 31 cents per share for shareholders, that was last seen in early 2009.
Currently the stock trades at 16.70 times estimated 2013 earnings and yields 3.30%. I plan on reviewing GE in more detail in the coming weeks, in order to determine if it is worthy of my investment dollars.