General Electric (NYSE:GE) has announced its first dividend for 2013. The company is to pay $0.19 per share of its common stock on April 25 to shareholders of record as of February 25. That matches the level of the firm's last payout, which was disbursed in December. Prior to that, GE, a serial dividend payer, handed out $0.17 per share. The company typically raises its payout at least once per year.
The current dividend annualizes to $0.76, yielding 3.3% on the current share price of $23.29.
GE is to hold its annual general meeting on April 24.
Fool contributor Eric Volkman has no position in General Electric. The Motley Fool owns shares of General Electric. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.