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General Electric Company (NYSE:GE)’s Strategic Researches And Policy-making Forges Its Stupendous Growth

Posted in Business11 months ago • Written by Carla NightNo Comments

Dallas, Texas, 06/09/2014 (ustrademedia) – General Electric Company (NYSE:GE) seems to tread uninhibited in its dream-run, creating newer records and setting newer benchmarks with every passing week. The company has lured investors significantly; towards the end of the trade on June 6, GE’s share prices urged 1.53%, and the company was valued at $272.55 billion.

GE Mulls On Dividend Payout

General Electric Company (NYSE:GE) has procured robust financial metrics that supports inclusive price growth. Pumped up by exquisite sales growth and cutting edge innovations, GE unanimously decided upon gifting the investors with net dividend of $0.22 per share, payable to all and sundry on July 25. The company ordained that those investors whose registration would be found in GE’s shareholders’ database within June 23, shall be deemed fit for this payout.

GE’s MultiSync GPS Clock

General Electric Company (NYSE:GE) excels in finding myriad solutions for health, home, energy, transportation and finance amidst the toughest challenges. In recent times, GE has been working on soliciting a plenitude of breakthroughs in the realm of grid computing as well.

Lately, the company has found a way out to ensure real-time synchronization of varied grid connected devices (viz. system protection equipment, automatic control system unit), accurately with minimal frequency errors. This new system is a mini-GPS clock that aptly provides 1588/C37.238 time synchronization panning across any Ethernet network.

Coined as the MultiSync 100 1588-GPS-Clock, the innovation has evolved as a much-required timing solution for telecommunications, transportation, electric utilities, oil and gas industry consumers. The product ensures real-time calculations of multiple-remote-points located on a grid.

GE’ Unveils Solar Micro Grid In Equatorial Guinea

In Equatorial Guinea, the central government has selected MAECI Solar to collaborate with Princeton Power Systems, Inc. and General Electric Company (NYSE:GE) in order to install a solar micro grid in the Annoban Province, an island off the Equatorial Guinea.

The largest solar power unit in Africa shall generate 5 MW of electricity, thereby handling all of the island’s requisite energy needs, in a self-sufficient way. The province has around 5K residents who spend nearly 20% of their income on electricity bills. With the inception of micro grid, such expenses shall be eliminated.

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