GE Aerospace Rewards Shareholders With 28.6% Dividend Increase

Financial Performance - GE Aerospace raised its quarterly dividend by 28.6% to 36 cents per share, reflecting strong financial health and commitment to enhancing shareholder returns [1] - In 2024, GE rewarded shareholders with $1 billion in dividends and$5.4 billion in share repurchases, with an adjusted free cash flow of $6.1 billion [2] - The company expects free cash flow in the range of$6.3 billion to $6.8 billion for 2025 [2] Growth Investments - GE Aerospace plans to invest over$1 billion in global MRO facilities over the next five years, including a dedicated LEAP test cell to improve shop visit capacity [3] - In 2024, GE Aerospace increased its LEAP aftermarket capacity by 40%, enhancing operational capabilities and service offerings [3] Market Demand and Contracts - The company has secured a robust pipeline of MRO contracts with major customers, including Airbus and China Airlines, with internal LEAP shop visits increasing over 20% year over year [4] - GE Aerospace is benefiting from strong demand for commercial engines and rising defense budgets, driven by geopolitical tensions and positive airline dynamics [7] Stock Performance - GE currently holds a Zacks Rank 2 (Buy), with shares gaining 77.1% over the past year compared to the industry's 52.3% growth [5]