NEW YORK ( TheStreet) -- NEW YORK ( TheStreet) -- General Electric ( GE)'s annual dividend could reach 80 cents per share in 2011, according to a reader poll by TheStreet. More than 65% of readers who voted in the poll believe the annual dividend payout will rise to between 60 and 80 cents a share this year. Currently GE is on track to pay out 56 cents this year after announcing in December it would raise the dividend that gets paid Jan. 25. Sixteen percent of readers think the dividend could rise to between 80 cents and a dollar, and nearly 8% think it won't change. Five percent think it will fall, and about 6% see it rising higher than a dollar. General Electric's dividend used to be a bedrock for investors -- something they could count on year in and year out. That changed with the financial crisis. General Electric cut its quarterly dividend to 10 cents from 31 cents in February 2009, roughly a month after Immelt had said the company planned to maintain it. That prompted an investor lawsuit. The dividend cut was GE's first since 1938. Immelt later told CNBC that making the cut was "the toughest decision he ever had to make as CEO." But GE raised the dividend twice in 2010, with the last hike coming Dec. 10, when GE upped its quarterly dividend by 17% to 14 cents per share. That payout will not be made until Jan. 25, however. Announcing the increase, Immelt cited "continued strong cash generation, accelerated recovery at GE Capital and solid underlying performance in our industrial businesses through year-end 2010." Sterne Agee analyst Nick Heymann expects no further increase in General Electric's dividend until late this year, even though he characterizes General Electric's appeal to investors as "all about the divided." "Assuming GE's dividend can be increased by potentially 50% from $0.56 currently for 2012 (likely conditioned on the restoration of the GE Capital dividend to the parent in 2012), the ability of a faster recovery in GE's dividend than EPS to be the primary fulcrum to a higher share price is likely to be exhausted by late 2011/early 2012," Heymann wrote in a Dec. 15 research report. "At that point, investors will require greater clarity and precision on operating earnings growth to enable EPS (perhaps in late 2012 or 2013) to evolve as the principal driver of GE's share price." For the time being, however, the dividend is key, Heymann believes, arguing "GE's yield will be the most significant influence on its share price over the next 12-18 months." He believes if GE's financial unit can resume paying a dividend to the parent company, it could allow a 50% increase in the dividend next year, driving shares to the mid-$20 range. According to that timeline, Heymann sees an annual dividend of 79 to 83 cents by "late 2011," he writes in his report.