I was just increased in Dec. It has only been two pay outs since that increase.... I would think you would need to wait for at least two more pay outs before another increase. At the least.
GE always raises the dividend in December. In December, 2013, they raised it 16%. With that increase, the dividend doubled in 5 years. In the next 4 or 5 years, the dividend will likely double again.
I would guess you are correct, but if they have the kind of year they are hoping for, they may go to $1 which would be 14% increase. They will also continue to buy back stock and many people forget that they have $85B in CASH. As they piece out Synchrony (horrible name) they will free up some big chunks of cash and then if Congress decides the government can use the tax revenues, they may allow them to repatriate the offshore chunk at a low rate.