GE Vernova (GEV) reached an all-time closing high following a robust three-year outlook and a decision to double its annual dividend. The stock rally reflects strong investor confidence in the company's strategic transformation and long-term growth trajectory.
- GE Vernova (GEV) reached an all-time closing high on December 11, 2025
- Annual dividend increased to $1.60 per share, doubling the previous $0.80 payout
- Three-year outlook projects 6% CAGR in adjusted EBITDA through 2028
- Target to reduce net debt by $2 billion by 2028
- GEV shares gained 38% year-to-date as of December 11, 2025
- Strategic focus on offshore wind and digital power solutions driving growth
GE Vernova (GEV) closed at a record high on December 11, 2025, driven by a comprehensive three-year business outlook that projects sustained revenue growth and improved profitability. The company reaffirmed its commitment to capital discipline and operational efficiency, citing progress in its renewable energy and digital solutions segments as key growth engines. The announcement included a significant dividend increase, with GEV declaring a $1.60 per share annual dividend—double the previous payout of $0.80. This move underscores the company’s strengthened financial position and its intent to return capital to shareholders. The revised dividend policy is expected to attract income-focused investors amid a rising interest rate environment. Financial metrics highlighted in the outlook include a projected 6% compound annual growth rate in adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) through 2028, alongside a target to reduce net debt by $2 billion over the same period. These figures signal a shift toward higher margins and improved balance sheet health following the spin-off from General Electric in 2024. The stock’s performance has outpaced broader market indices, with GEV gaining over 38% year-to-date. The momentum is particularly notable in the industrial and clean energy sectors, where GEV holds a strong position in offshore wind and power grid modernization. Analysts note that the company’s focus on high-growth, low-carbon technologies positions it well for long-term value creation.