GE Aerospace (NYSE:GE – Get Free Report) declared a quarterly dividend on Monday, September 21st. Investors of record on Monday, October 5th will be given a dividend of $0.47 per share on Monday, October 26th. This represents a $1.88 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Monday, October 5th.
GE Aerospace has increased its dividend by an average of 0.4%annually over the last three years and has increased its dividend every year for the last 2 years. GE Aerospace has a payout ratio of 29.0% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect GE Aerospace to earn $9.04 per share next year, which means the company should continue to be able to cover its $1.88 annual dividend with an expected future payout ratio of 20.8%.
GE Aerospace Trading Down 0.9%
Shares of GE opened at $309.49 on Friday. GE Aerospace has a 1-year low of $268.91 and a 1-year high of $388.84. The company has a market capitalization of $321.11 billion, a P/E ratio of 36.45, a P/E/G ratio of 2.28 and a beta of 1.38. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.98 and a quick ratio of 0.67. The firm’s 50 day simple moving average is $341.45 and its 200 day simple moving average is $327.17.
More GE Aerospace News
Here are the key news stories impacting GE Aerospace this week:
- Positive Sentiment: GE Aerospace declared a quarterly dividend of $0.47 per share, reinforcing shareholder returns and signaling confidence in cash generation. GE Aerospace declares quarterly dividend
- Positive Sentiment: The company is committing the first funding from a $30 million workforce-development program, including nearly $1 million for Southwest Ohio organizations. The effort could help expand its skilled labor pipeline and support future production capacity. GE Aerospace workforce development investment
- Positive Sentiment: GE Aerospace added aftermarket support relationships with FL Technics Indonesia for Boeing 737 and Airbus A320 avionics and with Aero Norway for LEAP engine-module work. These agreements expand its global maintenance, repair and overhaul ecosystem, although near-term financial benefits were not disclosed. FL Technics Indonesia partnership Aero Norway LEAP agreement
- Neutral Sentiment: GE Aerospace is reportedly spending $11.75 billion to address engine-production bottlenecks. The investment may improve long-term delivery capacity, but it also highlights execution demands and substantial capital requirements. GE Aerospace engine bottleneck investment
- Negative Sentiment: Wells Fargo cut its price target to $380 while maintaining a Buy rating, and separate coverage characterized its outlook as pessimistic. The target reduction likely pressured GE, particularly because the stock trades at roughly 36 times earnings—well above the broader market—leaving less room for execution disappointments. Wells Fargo lowers GE Aerospace target GE Aerospace analyst downgrade
GE Aerospace Company Profile
GE Aerospace is an aerospace and defense company that designs, develops, manufactures and services aircraft engines and integrated systems. Its products support commercial and business aviation, military aircraft, and other specialized aerospace applications.
The company’s offerings include commercial and military jet engines, propulsion systems, avionics, electrical power systems, mechanical systems and digital solutions. GE Aerospace also provides maintenance, repair, overhaul and other lifecycle services intended to support the operation and performance of aircraft and engines.
GE Aerospace serves airlines, aircraft manufacturers, leasing companies, defense organizations and other customers worldwide.
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