Understanding the Basics of Stock Dividend History
A stock dividend is a payment made to shareholders of a company's common stock. It is usually made in the form of cash or additional shares of the company's stock. Investors look to a company's stock dividend history to gauge the company's strength and stability. General Electric (GE) has a long and prosperous history of stock dividends. This article takes a look at the General Electric stock dividend history, and explains why GE is such a great investment.
General Electric's Long History of Dividends
GE has been a mainstay on the stock market for over a century. Since it first began trading in 1896, GE has paid a steady dividend to its shareholders. The company has increased its dividend for more than two decades and has been paying out dividends since 1899. This long history of paying dividends is a testament to the company's financial strength and stability.
The Recent History of GE Stock Dividends
In the past 10 years, GE has seen its stock dividend rise steadily. In 2011, the company paid out a dividend of $0.25 per share. This steadily rose to $0.30 per share in 2014, and then to $0.32 per share in 2015. In 2017, the dividend was increased to $0.38 per share, and in 2018, it was increased again to $0.40 per share. In 2020, the dividend was increased to $0.50 per share, the highest the company has ever paid.
Why GE is a Good Investment for Dividend Investors
GE is a great investment for dividend investors because of its long history of paying dividends. In addition, the company has shown a commitment to increasing its dividend each year. This shows that the company is confident in its financial health, and investors can be confident that the company will continue to pay out a steady dividend. Furthermore, the dividend yield on GE stock is currently quite high, making it an attractive investment for dividend investors.
GE's Future Outlook
GE is currently in the midst of a turnaround. The company has been restructuring its operations and selling off non-core assets in order to focus on its core businesses. This has led to increased profitability, and GE has stated that it plans to continue to grow its dividend payments in the future. This makes GE a great investment for dividend investors looking for a long-term play.
Conclusion
GE has a long and prosperous history of paying dividends. The company has consistently increased its dividend payments each year, and has a bright future ahead. For dividend investors, GE is a great investment that should be seriously considered. With its long history of paying dividends and the potential for future growth, GE is a great option for investors looking for a steady income.