General Electric stock split nine times between 1926 and 2015, according to the company website. GE stock split 2-for-1 in 1971, 1983, 1987, 1994 and 1997. The stock split 3-for-1 in 2000. The company doesn't keep a set schedule for stock splits.
General Electric split its stock 4-for-1 in 1926 and 1930, and 3-for-1 in 1954, states the company website. The last time GE stock split, in 2000, it was trading for more than $100 per share. GE has paid out dividends every quarter since 1899. GE issued its first stock in 1892, the year the company was incorporated.
Companies generally split stock when the high price discourages potential investors, explains Investopedia. A company's market capitalization generally remains the same after stock splits, however, stock prices sometimes increase quickly due to increased demand at the lower price. Investors who hold stocks in growing companies over a long period may see their number of shares grow significantly due to stock splits.
GE is a diversified multinational company producing products ranging from railroad locomotives to business financial products, according to Reuters. GE operates in approximately 175 countries around the world. The company is divided into eight divisions that operate its many functions, including Power and Water, Transportation and GE Capital.