BOSTON, Mass.-December 8, 2017-The Board of Directors of GE (NYSE: GE) today declared a $0.12 per share dividend on the outstanding common stock of the Company. As previously disclosed during the Company’s November 13, 2017 investor update, the dividend payout has been set to align to GE’s cash flow generation, and the dividend remains an important component of GE’s capital allocation framework. The dividend is payable January 25, 2018 to shareowners of record at the close of business on December 27, 2017. The ex-dividend date is December 26, 2017.
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Aligns with company’s effort to reduce overall structural cost by $3.5 billion in 2017 and 2018
BOSTON - DECEMBER 7, 2017 - GE Power (NYSE: GE) today announced that it plans to reduce its global headcount by approximately 12,000 positions, affecting both professional and production employees.
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Drawbridge Health to simplify the collection and transport of blood samples
Menlo Park, CA, USA November 29, 2017 - Today, GE introduced Drawbridge Health, a privately-held healthcare technology company focused on enabling personal diagnostic testing - anytime, anywhere. Drawbridge Health is developing proprietary technology designed to integrate draw, collection and sample stabilization into a single device.
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Boston, MA - November 15, 2017 - GE announced today that Raghu Krishnamoorthy, vice president of human resources at GE Healthcare, has been named Chief Human Resources Officer effective December 1, 2017. GE Senior Vice President and Chief Human Resources Officer Susan Peters will retire from GE on December 31, 2017 after 38 years of service.
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BOSTON - November 13, 2017 - GE (NYSE:GE) today announced that its Board of Directors has determined to set the Company’s quarterly dividend to a projected payout of $.12 per outstanding share of the Company's stock. This represents a 50% reduction from the current quarterly dividend of $.24. This change will be effective beginning with the Board’s next dividend declaration, which is expected to occur in December.
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- Project Will Help Jamaica Reduce Its Dependence on Oil
- GE's LM2500+ Aeroderivative Gas Turbine Selected to Improve Plant Operations and Increase Output at Jamaica Public Service Company's Bogue Power Station
BADEN, SWITZERLAND-October 30, 2017 - With half of Jamaica's electricity generation infrastructure more than 30 years old, the country is seeking ways to modernize its plants and decrease its oil dependency by diversifying its energy mix.