Bullboard - Stock Discussion Forum General Electric Co GE

General Electric Company, doing business as GE Aerospace, is a global aerospace propulsion, services, and systems company. The Company provides jet and turboprop engines, as well as integrated systems for commercial, military, business, and general aviation aircraft. Its portfolio of brands includes Avio Aero, Unison, GE Additive and Dowty Propellers. Avio Aero is a GE Aerospace business which... see more

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General Electric Co > wow, new dividend

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Post by Margin321 on Apr 06, 2024 12:46pm

wow, new dividend

I flipped the GEV shares to 25% more GE Aerospace shares on Tuesday morning.

So for ever one GE share I held on Monday, I now have 1.25 GE shares.

The dividend on Monday was 8 cents a quarter.

The dividend as of yesterday was raised to 28 cents a quarter which is a 250% increase.

But since I know have an extra .25 share of GE from each original share, my dividend from each GE share that I had on Monday is now 28 cents plus another 7 cents for a total of 35 cents. That is an 337% increase. Not bad for one week.

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