Consider General Electric for a Dividend-Reinvestment Portfolio

General Electric (GE), a huge conglomerate with revenues over $170 billion, pays a $1.24 annual dividend for a 3.80 percent dividend yield. And the company has a long record of increasing its dividends, making the stock an excellent choice for a long-term dividend reinvestment program.

The stock is trading around $32 with support at $30 so there should be little price downside.

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Posted May 15, 2008.