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GE Capital Declares First Dividend Since '09 Financial Crisis

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  • Description

    FBN's Tracy Byrnes breaks down afternoon market news.

  • Duration 1:04
  • Date

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This transcript is automatically generated

Experience can help.

I'm Tracy burns -- Fox Business three -- stocks are up an afternoon.

-- trading about flying from earlier highs.

Right now the Dow up about 42 points.

BC capital resuming payments to its parent company for the first time in three years.

The subsidiary declared a quarterly dividend of 475 million dollars in the second quarter.

Now also plans to pay GE.

-- -- market conditions GE intends to speed up its stock buyback program to.

The southwest shares are flying higher this -- sporting director doubled the airline stock repurchase to a billion dollars.

South but also increased its quarterly dividend to a penny a share chief executive Gary Kelly says -- moves reflect the board's confidence in the airlines.

And it's ongoing commitment to enhance shareholder value and that's the latest from the Fox Business Network.

Giving you the power to prosper.

-- -- -- By Wells Fargo together we'll.

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