I'm sure everyone knows who GE is but...for those of you who don't...they are a large multinational conglomerate who manufacture almost everything… from jet engines to power generation, financial services to plastics, and medical imaging to news and information.
-has paid a dividend every year since 1899.
-increased their dividend every year for the last 31 years.
-has grown their EPS each year for the past 10 years (2003 excluded)
-current yield of 3.2%
-5 Star rating by S&P
-trailing PE of 17.2
-2007 projected P/E: 16.33
-2008 projected P/E: 14.6
-Progressive company building for the future with their ecomagination concept.
All in all a great company and a great choice for those of you following a dividend growth strategy.