General Electric dividend story updated to include forecast from UBS in seventh paragraph.
Such a rise would translate to a 5.1% yield given the GE stock price of $16.61 Wednesday afternoon.
As part of regulatory changes made in the wake of the 2008, GE's financial arm, GE Capital, is now regulated by the Federal Reserve. GE Capital executives spoke optimistically to investors Tuesday about resuming a regular dividend to the parent, which prompted Young to become more optimistic in his projections.
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