General Electric Is A Boring High-Yielding Dividend Stock

The last time I wrote about General Electric Company (GE) I stated, "Due to the inexpensive fundamentals, slightly bullish technicals, and the high yield, I'm going to actually pull the trigger on this particular name but only for a small batch." It's been three months since writing the article, and the stock has popped 5.3% versus the 4.2% gain the S&P 500 (SPY) posted. I've made out pretty well on that decision looking back on it. General Electric is a diversified technology and financial services company operating in the segments of aircraft engines, power generation, industrial products, water processing, household appliances, medical imagine, and business and consumer financing. On April 17, 2014, the company reported first quarter earnings of $0.33 per share, which beat the consensus of analysts' estimates by $0.01. In the past year the company's stock is up 14.03% excluding dividends (up 17.28% including dividends) and is... Read more