Seeking Alpha
Can you name the one company that, for the past five years, has steadily increased its revenue YoY, earnings per share, dividends and per share book value, yet its share price has gone literally nowhere? That company, of course is General Electric – the mega-conglomerate with a market cap of $335 billion. As if these reasons were not good enough to love GE, consider that GE's current 3.7% dividend yield is roughly equal to the interest on the richest savings accounts. You'll also be happy to know that in today's volatile market GE is relatively safe, sporting a β of only .8, trading within about 10% of its 4-year low and at a P/E of about 15 - the very low end of its 10 year range...
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