GE Aerospace (NYSE:GE) Raises Dividend to $0.47 Per Share

GE Aerospace (NYSE:GE) 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) annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Monday, March 9th. This is a 30.6% increase from GE Aerospace’s previous quarterly dividend of $0.36.

GE Aerospace has raised 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. 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 Trading Down 1.3%

NYSE GE opened at $322.69 on Friday. GE Aerospace has a 12 month low of $159.36 and a 12 month high of $348.48. The company has a current ratio of 1.04, a quick ratio of 0.74 and a debt-to-equity ratio of 1.00. The stock has a 50 day moving average of $319.65 and a 200-day moving average of $303.62. The company has a market cap of $338.44 billion, a PE ratio of 39.64, a PEG ratio of 3.02 and a beta of 1.36.

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

About GE Aerospace

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.