GE Aerospace Board of Directors Authorizes Regular Quarterly Dividend

Rhea-AI Summary

GE Aerospace (NYSE: GE) announced that its Board of Directors has declared a regular quarterly dividend of $0.28 per share on the company's common stock. The dividend will be paid on January 27, 2025, to shareholders of record as of December 27, 2024. The ex-dividend date is set for December 27, 2024.

Positive

• Maintaining regular quarterly dividend payments of $0.28 per share, demonstrating financial stability
• Commitment to shareholder returns through consistent dividend distribution

Negative

• None.

Insights

Financial Analyst

This regular quarterly dividend announcement of $0.28 per share represents GE Aerospace's commitment to returning value to shareholders following its recent spinoff. The dividend yield, while modest, aligns with the aerospace industry standards and reflects the company's stable cash flow generation capacity. The timing of the payment in January 2025 provides clarity for income-focused investors planning their portfolios. Given GE Aerospace's strong market position and the commercial aviation sector's recovery, this dividend policy demonstrates management's confidence in sustained operational performance and financial stability.

EVENDALE, Ohio--(BUSINESS WIRE)-- The Board of Directors of GE Aerospace (NYSE: GE) today declared a $0.28 per share dividend on the outstanding common stock of the Company. The dividend is payable January 27, 2025, to shareholders of record at the close of business on December 27, 2024. The ex-dividend date is December 27, 2024.

About GE Aerospace

GE Aerospace (NYSE: GE) is a global aerospace propulsion, services, and systems leader with an installed base of approximately 44,000 commercial and 26,000 military aircraft engines. With a global team of 52,000 employees building on more than a century of innovation and learning, GE Aerospace is committed to inventing the future of flight, lifting people up, and bringing them home safely. Learn more about how GE Aerospace and its partners are defining flight for today, tomorrow and the future at www.geaerospace.com.

GE Aerospace’s Investor Relations website at https://www.geaerospace.com/investor-relations and our corporate blog at https://www.geaerospace.com/news/articles, as well as GE Aerospace’s social media accounts, contain a significant amount of information about GE Aerospace, including financial and other information for investors. GE Aerospace encourages investors to visit these websites from time to time, as information is updated and new information is posted.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241213085250/en/

GE Aerospace Investor Contact:

Blaire Shoor, 857.472.9659

Blaire.shoor@geaerospace.com

GE Aerospace Media Contact:

Nicole Sizemore, 203.945.9783

Nicole.sizemore@geaerospace.com

Source: GE Aerospace

FAQ

What is GE Aerospace's dividend amount for Q1 2025?

GE Aerospace declared a dividend of $0.28 per share for Q1 2025.

When is GE's next dividend payment date in 2025?

GE's next dividend payment date is January 27, 2025.

What is the record date for GE's Q1 2025 dividend?

The record date for GE's Q1 2025 dividend is December 27, 2024.

When is the ex-dividend date for GE's Q1 2025 dividend?

The ex-dividend date for GE's Q1 2025 dividend is December 27, 2024.

How often does GE Aerospace pay dividends?

GE Aerospace pays dividends on a quarterly basis.