General Electric (GE) has had a tough year. Shares are down 25% year-to-date, and the stock is the biggest laggard in the Dow Jones Industrial Average so far in 2017. The company is in the middle of a huge restructuring, and is also going through a management transition, with a new CEO.
On the bright side, GE might be looking attractive right now. The stock trades for a reasonable valuation, and the dividend yield is now 4%.
The company has an operating history going back more than 100 years. Along with its 4% dividend yield, GE fits our definition of a “blue chip”. Sure Dividend has compiled a list of nearly 70 blue-chip dividend stocks. You can see the entire list of blue chip stocks here.
Blue chips rarely sport 4% dividend yields. This article will discuss why value and income investors might want to kick the tires on GE.
