Easy Extra Money Idea of the Day:
GE has been around forever and is the example of a conglomerate, they have businesses worldwide in the energy, power, aviation, transportation, and other fields. Because of this, the stock price can get stuck in the mud at times because GE rarely fires on all cylinders. GE has been in the news recently for its dealings with Baker Hughes Incorporated and its oil/gas business however I am in GE as a long term speculation. I like their focus on “internet of things” and renewable energy and believe these fields will produce good results for GE down the road as a leader.
- GE operates as an infrastructure conglomerate
- Founded in 1892 and based in Fairfield, Connecticut
- Dividend Payout Schedule: 1-4-7-10
- To create monthly dividend income, pair with an investment from Dividend Payout: 2-5-8-11 and Dividend Payout: 3-6-9-12
Check out our YouTube review of GE!