GE Healthcare Technologies hikes dividend by 16.7%
GE Healthcare Announces First-Ever Dividend Increase of 16.7% in 2024. In a significant milestone for GE Healthcare Technologies, the company has announced its first-ever dividend increase for 2024.
The dividend has been raised by 16.7%, marking the first time in its history that the company has increased its dividend payout. This is a notable achievement for GE Healthcare, as there was no dividend hike in 2023, and the company had only started paying dividends last year.
The recent dividend increase reflects the company’s growth trajectory, with a dividend yield of 0.2% and a stock price of $82.51 as of November 26, 2024. With a market cap of $37.7 billion and a total dividend payout of $0.1 billion, GE Healthcare continues to show solid financial performance.
Additionally, the company has posted a YTD Total Return of 6.9%, which signals strong investor confidence and market performance. This dividend hike is seen as a positive step in GE Healthcare’s commitment to rewarding shareholders, and investors are looking forward to more growth in the coming years.
GE Healthcare Technologies, a leading global innovator in medical technologies, provides vital healthcare solutions that enhance the quality of care and improve patient outcomes. The company specializes in medical imaging, monitoring systems, ultrasound, and other diagnostic and imaging equipment. By developing cutting-edge technologies for healthcare providers, GE Healthcare plays a critical role in the medical field, supporting hospitals and clinics around the world in diagnosing and treating a wide range of conditions.
