Should We Expect General Electric to Raise Dividends in 2017?
For a long time, General Electric (GE) has remained a decent dividend distributor in the S&P 500 space. The company raised its dividend per share by $0.01 to $0.24 in January 2017.
In this article, we’ll review analysts’ recommendations for General Electric (GE) ahead of its 1Q17 earnings release on April 21, 2017. Wall Street analysts seem to be divided over GE.
Analysts expect GE to achieve operating margin of 10.2% in 1Q17. This represents a fall of 360 basis points on a year-over-year basis.
On April 5, 2017, The Wall Street Journal wrote that the Boston-headquartered General Electric (GE) could sell its consumer light bulb business.
Analysts expect General Electric (GE) to achieve revenue of $26.4 billion in 1Q17. On a year-over-year (or YoY) basis, this represents a fall of 5.8%.
Iconic industrial mammoth General Electric (GE) will release its 1Q17 earnings on April 21, 2017. General Electric decided on a complete business makeover three years ago.
Since the Trump administration announced its new budget proposal, Boeing (BA) stock has risen 1.1%, closing at $179.4 on March 20, 2017.
Of the 25 analysts tracking Boeing (BA), four (16%) have issued a “strong buy” recommendation on the stock, while seven (28%) have issued a “buy.”
Boeing (BA) is expected to be one of the largest beneficiaries of Trump’s proposed increased military spending.
The Defense Department, Department of Homeland Security, and Department of Veterans Affairs would be the clear winners in Trump’s proposed budget plan.
President Trump’s first budget calls for a massive increase in the country’s military spending.
The Institute for Supply Management’s manufacturing PMI (or purchasing manager’s index) rose from 56 in January 2017 to 57.7 in February.
In June 2015, General Electric (GE) negotiated new four-year collective bargaining agreements with most of its US unions.
General Electric’s (GE) projected benefit obligation (or PBO) calculation takes into account the average years of service, salary growth, and the discount rate.
Under a defined contribution plan, the employer contributes a fixed amount to the fund on behalf of the employee.
General Electric’s (GE) total projected benefit obligations stood at $71.5 billion on December 31, 2016, compared with $68.7 billion on December 31, 2015.
The market expects Boeing’s (BA) EBITDA to rise 47.7% in 2017, given its expected margin expansion.
Boeing (BA) has been a consistent dividend payer for more than two decades. In 4Q16, BA paid a total of $672 million in dividends.
Analysts expect Boeing (BA) 1Q17 sales to fall 3.4% to $21.9 billion, and they expect its 2Q17 sales to fall 6.5% to $23 billion.
In 2016, Boeing’s (BA) Defense segment or BDS revenues fell 3% YoY (year-over-year) to $29.5 billion, as compared to $30.4 billion in 2015.