GE 2007 Dividend Increase

I have noticed some recent interest in GE's future dividend rate. After all, GE announced its last dividend increase on 11/18/2005 and has been increasing its dividend annually for over 30yrs.

I expect nothing different this year. Looking at the historical calendar it looks like GE should announce the 2007 dividend increase sometime between 12/8 and 12/15.

If I had to guess based on past dividend increase, the quarterly dividend should be increased from $0.25/share to $0.28/share. That would bring the yield from 2.78% to 3.11% based on the recent ($35.99) share price.

Based on this estimate, my investment in GE should have a dividend yield of 3.41%.

Update:12/12 GE raised its quarerly dividend to $0.28/share.

Related in Stocks:

Chairmen Letters to Shareholders (Mar 09, 2014) Its that time of year again --the close of fiscal years means an overload of annual reports including Letters to Shareholders. Two annual letters that I read each year are those from Berkshire Hathaway (Warren Buffet) and Fairfax Financial (Prem...

Investment Performance January 2014 (-2.94%) (Feb 23, 2014) January 2014 Investment Report: January Highlights: January was a bad way to start out the year, but our portfolio performed slightly better thank our benchmark (-2.94% vs -3.17%). We made our regular monthly investments in our Roth IRAs, and some...

Investment Performance December 2013 (+2.20%) (Jan 10, 2014) December 2013 Investment Report: December Highlights: December was another subpar for us as our portfolio performed poorly compared to our benchmark (+2.20% vs +2.58%). We made our regular monthly investments in our Roth IRAs, and some dividends & dividend reinvestments....