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

NEW YORK ( TheStreet) -- The ex-dividend date for General Electric (NYSE: GE) is tomorrow, February 23, 2012. Owners of shares as of market close today will be eligible for a dividend of 17 cents per share. At a price of $19.44 as of 9:30 a.m. ET, the dividend yield is 3.5%.

The average volume for General Electric has been 61.8 million shares per day over the past 30 days. General Electric has a market cap of $198.9 billion and is part of the industrial goods sector and industrial industry. Shares are up 8.4% year to date as of the close of trading on Tuesday.

General Electric Company (GE) operates as a technology, service, and finance company worldwide. The company has a P/E ratio of 14.1, below the average industrial industry P/E ratio of 15.3 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates General Electric as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, attractive valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full General Electric Ratings Report.

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