By the close of today, July 25, 2023, General Electric GE will issue a dividend payout of $0.08 per share, resulting in an annualized dividend yield of 0.30%. Only those investors who owned the stock prior to the ex-dividend date on July 10, 2023 will receive this payout.
General Electric Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-07-10 | 4 | $0.08 | 0.3% | 2023-06-30 | 2023-07-11 | 2023-07-25 |
| 2023-03-06 | 4 | $0.08 | 0.4% | 2023-02-10 | 2023-03-07 | 2023-04-25 |
| 2022-12-14 | 4 | $0.08 | 0.37% | 2022-11-30 | 2022-12-15 | 2023-01-25 |
| 2022-09-26 | 4 | $0.08 | 0.43% | 2022-09-09 | 2022-09-27 | 2022-10-25 |
| 2022-06-27 | 4 | $0.08 | 0.49% | 2022-06-17 | 2022-06-28 | 2022-07-25 |
| 2022-03-07 | 4 | $0.08 | 0.33% | 2022-02-14 | 2022-03-08 | 2022-03-25 |
| 2021-12-20 | 4 | $0.08 | 0.33% | 2021-12-10 | 2021-12-21 | 2022-01-25 |
| 2021-09-24 | 4 | $0.08 | 0.31% | 2021-09-10 | 2021-09-27 | 2021-10-25 |
| 2021-06-25 | 4 | $0.08 | 0.31% | 2021-06-18 | 2021-06-28 | 2021-07-26 |
| 2021-03-05 | 4 | $0.08 | 0.35% | 2021-02-12 | 2021-03-08 | 2021-04-26 |
| 2020-12-18 | 4 | $0.08 | 0.35% | 2020-12-11 | 2020-12-21 | 2021-01-25 |
| 2020-09-25 | 4 | $0.08 | 0.62% | 2020-09-03 | 2020-09-28 | 2020-10-26 |
General Electric's dividend yield is on the lower end compared to its industry peers, with 1847 Holdings EFSH having a higher annualized dividend yield of 281.80%.
Analyzing General Electric Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
From 2019 to 2022, the company maintained a consistent dividend per share of $0.32. This signifies the company's dedication to a stable dividend policy, which is reassuring for shareholders seeking reliable returns on their investments.
YoY Earnings Growth For General Electric
The earnings chart highlights a decrease in General Electric's earnings per share, declining from $5.04 in 2019 to $2.29 in 2022. This decline in earnings raises a red flag for income-seeking investors, as it suggests a potential decrease in the company's ability to generate cash for dividend payouts. It is essential to closely examine the factors behind this decrease and assess the long-term impact on dividend sustainability.
Recap
In this article, we delve into General Electric's recent dividend payout and examine how it impacts shareholders. The company has announced a dividend distribution of $0.08 per share today, resulting in an annualized dividend yield of 0.30%.
General Electric's dividend yield is on the lower end compared to its industry peers, with 1847 Holdings having a higher annualized dividend yield of 281.80%.
Despite maintaining an unchanged dividend per share from 2019 to 2022, the decrease in earnings per share for General Electric suggests a need for caution in the company's financial standing, potentially impacting the distribution of profits to investors.
It is essential for investors to closely track the company's performance in the coming quarters to remain updated regarding any alterations in financials or dividend disbursements.
\To keep track of which companies are distributing dividends, click here to visit our Dividends Calendar.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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