04-10-2015, 12:57 PM
(04-10-2015, 09:16 AM)Roadmap2Retire Wrote: Well, that really blows! No dividend raises from GE next year.
GE Exits Lending Business, Approves $50 Billion Stock Buyback
Quote:As a result of the move, some $90 billion in buybacks and dividends could be returned to shareholders through 2018, the company said. It plans to keep its dividend at the current level through 2016 and grow it thereafter.
I am not sure that is what it means. The most recent dividend increase was delcared in December, 2014, went ex-div in December, 2014 and was paid in January, 2015. A dividend increase in 2016 would maintain the streak.
I'm holding GE and plan to continue holding it.