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Strategies & Market Trends : Dividend investing for retirement

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To: Ditchdigger who wrote (13395)12/14/2012 4:35:32 PM
From: Triffin1 Recommendation  Read Replies (3) of 34328
 
GE aka "generous electric" boosts dividend payout by 12%

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General Electric Board of Directors approves 12% increase in quarterly dividend to $0.19 from $0.17 per share; increases existing share-repurchase authorization by $10 bln ( GE) 21.66 +0.04 : The Board of Directors of General Electric Company (GE) 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.

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Triff ..
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