Did you know that GE is currently promising an annual dividend yield of 7.35% based on today’s closing price of $16.86? While that’s a pretty high dividend rate right from the start, things look even better if you start to think about GE’s long history of raising the dividend. Admittedly, this is based on assumptions, but it is conceivable you could be earning a 19.07% dividend yield in 10 years if GE maintains its recent 10% annual dividend growth.
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