On Friday, General Electric (NYSE:GE) announced it would be increasing its quarterly dividend by 12%, from $0.17 to $0.19 per share. Its BoD also authorized a major increase in share repurchases, an additional $10B through 2015. Even though the stock was down over the past couple of days despite the news, in this video Motley Fool industrial analyst Isaac Pino tells us that this shows GE is right on track with its slow and steady plan of increasing dividends for shareholders, rather than going the route that many companies such as Costco (NASDAQ:COST) or Las Vegas Sands (NYSE:LVS) have recently, giving out major special dividends. He analyzes GE's strategy here, and tells investors whether or not this means it's time to buy.
