General Electric Is a Top Dividend Stock for 2015: David Peltier

Portfolio Manager David Peltier highlights General Electric (GE) as one of his top dividend stocks for 2015.
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Portfolio Manager David Peltier highlights General Electric (GE) as one of his top dividend stocks for 2015. The stock lagged the broader market 2014, but the recent focus on the industrial division should drive higher future earnings growth. The company recently boosted its quarterly dividend by 5%, to $0.23 a share. General Electric offers a 3.8% dividend yield, which is at the high end of the industry rage and far in excess of what the S&P 500 index and benchmark 10-year U.S. treasury note yield. In addition to the dividend, Peltier believes the stock can move up toward the high-$20's in the new year.