Company: GE Aerospace (GE)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: GE Aerospace is the global leader in designing, manufacturing, and servicing large aircraft engines, along with partner Safran in their CFM joint venture. With its massive global installed base of nearly 70,000 commercial and military engines, GE Aerospace earns most of its profits on recurring service revenue of that equipment, which operates for decades. GE Aerospace is the remaining core business of the company formed in 1892 with historical ties to American inventor Thomas Edison; that company became a storied conglomerate with peak revenue of $130 billion in 2000. GE spun off its appliance, finance, healthcare, and wind and power businesses between 2016 and 2024. -Morningstar.com-
Symbol: GE
Recent Price: $164.01
Dividends: $1.12
Yield: 0.68%
Sector: Industrials
Industry: Specialty Industrial Machinery
Address & Company Phone #: 5 Necco Street Boston MA 02210, 617-443-3000
Transfer Agent: Equiniti Group plc. 800-786-2543
Moody’s Rating: Baa1
Minimum & Maximum Investment: $10 – $500,000/year
Investment Dates: Weekly
Shares to Qualify: 1 Share or $250
Fees: Div.: 5% of amount invested up to $5 Max+6¢/sh. Cash: $5+6¢/sh. Cert: $0! Sells: by Mail or Phone for $10+15¢/sh.
52 Week High & Low: $170.80, $84.22