GE Healthcare Technologies Increases Quarterly Dividend, Reiterates 2024 Outlook, Sets Medium Term Targets

MT Newswires Live11-21 19:49

GE Healthcare Technologies (GEHC) said Thursday that its board of directors increased its quarterly cash dividend by 17% to $0.035 per share.

The dividend will be payable on Feb. 14 to shareholders of record on Jan. 14.

GE Healthcare said it continues to expect 2024 adjusted earnings of $4.25 to $4.35 per share. Analysts polled by FactSet expect $4.29.

Additionally, the company said it has also set medium-term targets of high-single digit to low-double digit adjusted EPS growth and mid-single digit organic revenue growth for 2026 to 2028.

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