When is GE's Next Dividend Payment?

When is GE's Next Dividend Payment?

General Electric (GE) is a well-known multinational conglomerate that operates in various industries, including aviation, healthcare, power, and renewable energy. The company has a long history of paying dividends to its shareholders, and many investors are interested in knowing when the next dividend payment will be made. In this article, we will explore the timing of GE's next dividend payment and provide some insights for investors.

GE's Dividend History

GE has been paying dividends to its shareholders for more than a century. The company has a strong track record of consistent dividend payments, and it has only cut its dividend twice in the past 50 years. In recent years, however, the company has faced some challenges, including a significant decline in its stock price and a reduction in its dividend payout.

In 2019, GE announced that it would reduce its quarterly dividend from $0.12 per share to $0.01 per share. This move was part of the company's efforts to improve its financial position and drive long-term growth. Since then, GE has maintained its quarterly dividend at $0.01 per share.

When is GE's Next Dividend Payment?

GE typically pays its dividends on a quarterly basis, and the company's next dividend payment is expected to be made in late July 2021. The exact date of the payment has not been announced yet, but it is likely to be confirmed by the company in the coming weeks.

Investment Considerations

For investors who are considering investing in GE, it is important to take a few factors into account. Firstly, the company's financial position has improved in recent years, but it still faces some challenges, such as high levels of debt and ongoing legal issues. Secondly, the company's dividend payout is relatively low, which may not be attractive to investors who are looking for high yield investments.

However, GE has been making efforts to transform its business and focus on high-growth areas, such as renewable energy and healthcare technology. The company has also been divesting some of its non-core assets to improve its financial position. These initiatives may help GE to drive long-term growth and improve its dividend payout in the future.

Conclusion

GE's next dividend payment is expected to be made in late July 2021, and investors who are interested in the company should keep an eye on this date. While GE has faced some challenges in recent years, the company has a strong history of dividend payments and is making efforts to transform its business and drive long-term growth. Investors should carefully consider the risks and potential rewards of investing in GE before making any investment decisions.