General Electric Stock To Go Ex-dividend Tomorrow (GE)

NEW YORK ( TheStreet) -- The ex-dividend date for General Electric Company (NYSE: GE) is tomorrow, February 24, 2011. Owners of shares as of market close today will be eligible for a dividend of 14 cents per share. At a price of $20.48 as of 9:31 a.m. ET, the dividend yield is 2.6%.

The average volume for General Electric has been 58.9 million shares per day over the past 30 days. General Electric has a market cap of $228.4 billion and is part of the conglomerates sector and conglomerates industry. Shares are up 13.8% year to date as of the close of trading on Tuesday.

General Electric Company (GE) operates as a technology, media, and financial services company worldwide. The company has a P/E ratio of 18.6, below the average conglomerates industry P/E ratio of 20.2 and below the S&P 500 P/E ratio of 23.2.

TheStreet Ratings rates General Electric as buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, increase in net income, attractive valuation levels and notable return on equity. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full General Electric Ratings Report.

See our dividend calendar or top-yielding stocks list.

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