The Board of Directors of General Electric Company declared a $0.23 per share dividend on the outstanding common stock of the Company payable January 25, 2016 to shareowners of record at the close of business on December 21, 2015. The ex-dividend date is December 17, 2015.

The announcement is in line with the Company’s April 10, 2015 GE Capital Exit Plan announcement, which stated that GE will maintain its dividend at the current level in 2016 and grow it thereafter.  GE remains on track in its plan to return more than $90 billion to investors in dividends, buyback and the Synchrony exchange through 2018. (Original Source)

Shares of General Electric are currently trading at $30.50, down $0.15 or -0.49%. GE has a 1-year high of $30.99 and a 1-year low of $19.37. The stock’s 50-day moving average is $30.03 and its 200-day moving average is $27.08.

On the ratings front, General Electric has been the subject of a number of recent research reports. In a report issued on December 7, Bernstein Research analyst Steven Winoker maintained a Buy rating on GE, with a price target of $33, which implies an upside of 8.8% from current levels. Separately, on November 30, RBC’s Deane Dray reiterated a Buy rating on the stock and has a price target of $34.

According to, which ranks over 7,500 financial analysts and bloggers to gauge the performance of their past recommendations, Steven Winoker and Deane Dray have a total average return of 9.1% and 3.3% respectively. Winoker has a success rate of 77.8% and is ranked #651 out of 3638 analysts, while Dray has a success rate of 59.3% and is ranked #1348.

Overall, 2 research analysts have assigned a Hold rating and 8 research analysts have given a Buy rating to the stock. When considering if perhaps the stock is under or overvalued, the average price target is $32.20 which is 6.2% above where the stock opened today.