GE Investor FAQs: Financial Terms, Glossary, Commercial Paper

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FAQs

For definitions of financial terms used throughout the Investor Relations section, please refer to our glossary.

Investors

What are GE Management Values and its Mission Statement?

GE does not have a mission statement, per se, but its operating philosophy and business objectives are clearly articulated each year in the Letter to Investors in the Annual Report.

Being a reliable growth company also requires consistent execution on strategic principles that drive performance every quarter and every year. We have consistently executed on four strategic principles:

  • Build leadership businesses
  • Focus on reliable execution and financial discipline
  • Drive growth as a process
  • Spread ideas across great people and teams that share common values

Our strategies create strengths and capabilities, which, in turn, drive competitive advantage. The consistent execution of the same strategic principles year after year, provides the foundation to invest and deliver. For more background on these principles, please access our 2007 Annual Report at: http://www.ge.com/ar2007/ltr_winning.jsp

When does GE release its earnings?

GE does not have official dates as to when exactly earnings are released. As a guideline, the following are the dates when we've released earnings in the last few years.

First Quarter Second Quarter Third Quarter Fourth Quarter
4/13/00 7/13/00 10/11/00 1/17/01
4/12/01 7/12/01 10/11/01 1/17/02
4/11/02 7/12/02 10/11/02 1/17/03
4/11/03 7/11/03 10/10/03 1/16/04
4/8/04 7/9/04 10/8/04 1/21/05
4/15/05 7/15/05 10/14/05 1/20/06
4/13/06 7/14/06 10/13/06 1/19/07
4/13/07 7/13/07 10/12/07 1/18/08
4/11/08
What is the CUSIP Number for GE Common Stock?

3 6 9 6 0 4 1 0 3

How many stock splits have there been on GE Common Stock?
Year Ratio Certificate Date/Pay Date
2000 3-for-1 5-May-00
1997 2-for-1 9-May-97
1994 2-for-1 13-May-94
1987 2-for-1 22-May-87
1983 2-for-1 1-Jun-83
1971 2-for-1 7-Jun-71
1954 3-for-1 11-Jun-54
1930 4-for-1 Contact Us
1926 4-for-1 Contact Us
When will GE have its next stock split?

GE Common Stock last split (3-for-1) in May of the year 2000. There is no hard-and-fast rule governing when we might split our stock. However, the last few times we've split, the stock price was trading over $100 per share when the board made its recommendation to Shareowners that they vote to split the stock.

What is GE common stock's Average Annual Total Return for five years ending 12/31/07?

The 5-year Average Annual Total Return is 11.8%.

When was the last time GE increased its quarterly dividend rate?

On December 11, 2007, the GE Board of Directors raised the Company's quarterly dividend 11% to $0.31 per outstanding share of its common stock (from $0.28 quarterly). The dividend increase marks the 32nd consecutive year in which GE has raised its dividend. GE has paid a dividend every year since 1899. The dividend is payable January 25, 2008. We are committed to dividend growth in line with earnings growth. GE's dividend yield is over 4% currently. See GE's dividend history for more information.

Does GE have a Share Repurchase Program?

On December 11, 2007, the Board authorized a new share repurchase plan of $15 billion over the next three years, which could be increased over the course of the program depending on the Company’s divestiture opportunities or lower spending on acquisitions.

Does GE have a Dividend Reinvestment Plan?

GE Stock Direct is GE's dividend reinvestment and share purchase plan.

When was GE incorporated & stock first issued?

GE was incorporated in the state of New York on April 15, 1892.

1,000 shares of $100 par value were sold for $100 per share.

How long has GE been listed/traded on the NYSE?

GE was traded on the NYSE for the first time on June 23, 1892. There was one trade (vs. millions of trades today) of 50 shares at $108 per share.

Baby Bonds

What are these other trading symbols I've seen on the exchanges: GEA, GED, GEC, GER, GEG, GEJ, and GEP? Does GE have preferred stock?

GE does not have any preferred stock outstanding. These symbols belong to what we refer to as Baby Bonds (a fixed income debt product) -- senior unsecured obligations of General Electric Capital Corporation. They are called Baby Bonds because of the small par amount of $25.

The symbol "GEP" is for GECC's Step-Up bond. Step-Up Bonds are multi-coupon notes, bearing a coupon that resets to a level higher than the previous coupon if the bond is not called. The bonds are callable and the initial coupon is fixed until the first call date.

These bonds are offered directly to investors through 325 non-affiliated broker dealers. For more information on any of the GE Capital Bonds products, contact your financial advisor.