This morning, General Electric (NYSE:GE) declared its quarterly dividend of 22 cents per share, an increase of about 16% over its prior dividend. Based on the current stock price, investors can expect a yield of about 3.3% going forward. Shares of GE were higher on Friday, picking up 0.9% so far.
In other dividend news, Cimarex Energy (NYSE:XEC) maintained its quarterly dividend of 14 cents per share. American Water Works (NYSE:AWK) maintained its quarterly dividend of 28 cents per share. And Lennox International (NYSE:LII) maintained its quarterly dividend of 24 cents per share.
Among dividend increases, Ingredion (NYSE:INGR) announced its quarterly dividend of 42 cents per share, an increase of about 11% over its prior dividend.
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