General Electric raises its dividend by 16%

The Fairfield, Conn., company said Friday that the new dividend is payable Jan. 27 to shareholders as of Dec. 23. GE has been shaping itself into a conglomerate more focused on industrial equipment and appliances, shrinking its banking operations and selling off its media arm, NBCUniversal.



via Fairfield Newswire http://money.msn.com/business-news/article.aspx?feed=AP&date=20131213&id=17192381