GE Aerospace (NYSE:GE) Declares Dividend Increase – $0.47 Per Share

GE Aerospace (NYSE:GEGet Free Report) declared a quarterly dividend on Friday, February 6th. Shareholders of record on Monday, March 9th will be given a dividend of 0.47 per share on Monday, April 27th. This represents a c) dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Monday, March 9th. This is a 30.6% increase from GE Aerospace’s previous quarterly dividend of $0.36.

GE Aerospace has increased its dividend by an average of 0.4%annually over the last three years and has raised its dividend every year for the last 2 years. GE Aerospace has a dividend payout ratio of 29.0% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect GE Aerospace to earn $6.46 per share next year, which means the company should continue to be able to cover its $1.88 annual dividend with an expected future payout ratio of 29.1%.

GE Aerospace Price Performance

GE Aerospace stock opened at $322.69 on Friday. The firm has a market cap of $338.44 billion, a PE ratio of 39.64, a price-to-earnings-growth ratio of 3.02 and a beta of 1.36. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.04 and a quick ratio of 0.74. The stock’s fifty day moving average price is $319.65 and its two-hundred day moving average price is $303.62. GE Aerospace has a one year low of $159.36 and a one year high of $348.48.

GE Aerospace (NYSE:GEGet Free Report) last issued its quarterly earnings results on Thursday, January 22nd. The company reported $1.57 EPS for the quarter, topping analysts’ consensus estimates of $1.43 by $0.14. The company had revenue of $11.90 billion for the quarter, compared to analysts’ expectations of $11.27 billion. GE Aerospace had a return on equity of 35.52% and a net margin of 18.98%.GE Aerospace’s revenue was up 17.6% on a year-over-year basis. During the same quarter last year, the business earned $1.32 earnings per share. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. As a group, research analysts expect that GE Aerospace will post 5.4 EPS for the current fiscal year.

About GE Aerospace

(Get Free Report)

GE Aerospace (NYSE: GE) is the aerospace business of General Electric, focused on the design, manufacture and support of aircraft engines, integrated propulsion systems and related aftermarket services. The company serves commercial airlines, airframers, business and general aviation operators, and defense customers, providing propulsion solutions for a broad range of aircraft types from single‑aisle airliners to widebody and military platforms.

Its product portfolio includes a family of commercial and military jet engines as well as spare parts, components and systems engineering.

Further Reading

Dividend History for GE Aerospace (NYSE:GE)

Receive News & Ratings for GE Aerospace Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GE Aerospace and related companies with MarketBeat.com's FREE daily email newsletter.