Why I Own This Veteran Dow Dividend

General Electric (NYSE: GE) often gets painted as a boring slow-moving conglomerate, but this $220 billion company is up more than 40% since December 2011 and has exposure to crucial industries such as oil and gas, health care, and aerospace, all of which should grow at outsized rates for the next decade or more. 

Not only that, but with a 3.2% dividend and a 51% payout ratio, GE can comfortably afford to pay you to wait for these sectors to take off, and do so at a higher rate than many of its competitors.

 

At the same time, you need to be aware of the threats to GE's portfolio that could cause this bullish thesis to unravel at any time. To help, we're offering comprehensive coverage for investors in a premium report on General Electric, in which our industrials analyst breaks down GE's multiple businesses. You'll find reasons to buy or sell GE, and you'll receive continuing updates as major events unfold during the year. To get started, click here now.

For even more on GE, watch the following video.


Read/Post Comments (0) | Recommend This Article (4)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

DocumentId: 2145351, ~/Articles/ArticleHandler.aspx, 4/23/2014 1:55:05 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement