FAIRFIELD, Conn.--(BUSINESS WIRE)--Dec. 13, 2002--The Board of Directors of GE today declared an increased quarterly dividend of $0.19 per outstanding share of its common stock.
The dividend increase of 6%, from $0.18 per share, was approved in late November and marks GE's 27th consecutive annual increase. GE has paid a quarterly dividend without interruption since 1899.
The dividend is payable January 27, 2003, to shareowners of record on December 31, 2002. The ex-dividend date is December 27.
GE (NYSE: GE) is a diversified technology and services company dedicated to creating products that make life better. From aircraft engines and power generation to financial services, medical imaging, television programming and plastics, GE operates in more than 100 countries and employs more than 300,000 people worldwide. For more information, visit the company's Web site at http://www.ge.com.
Caution Concerning Forward-Looking Statements
This document includes certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and are subject to uncertainty and changes in circumstances. Actual results may differ materially from these expectations due to changes in global political, economic, business, competitive, market and regulatory factors. More detailed information about those factors is contained in GE's filings with the Securities and Exchange Commission.
--30--kam/in*
CONTACT:
General Electric, Fairfield
David Frail, 203/373-3387