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GE Dividend Hike: More Firms to Follow

Friday, 10 Dec 2010 | 3:55 PM ET

General Electric's 17 percent dividend boost (the second this year) is just the beginning of dividend boosts from industrial companies.

Standard and Poor's Howard Silverblatt tells me that there was no major cuts in dividends this year, and that in 2011, he expects over half the S&P 500 to pay more than they paid in 2010.

General Electric is the parent of CNBC.

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GE
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  • A CNBC reporter since 1990, Bob Pisani covers Wall Street from the floor of the New York Stock Exchange.

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