U.S. Markets closed

GE declares same relatively low-yielding dividend it has paid the past three years

·1 min read
GE declares same relatively low-yielding dividend it has paid the past three years
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

General Electric Co. declared Friday a regular quarterly dividend of a split-adjusted 8 cents a share, which effectively keeps it at the same relatively low-yielding rate for the past three years. To the industrial conglomerate's shareholders of record on Sept. 27, the dividend will be payable Oct. 25. The 8-cent dividend, following the 1-for-8 reverse stock split that went into effect in early August, is the same as the 1-cent dividend GE has paid out since December 2018, which was cut from 12