GE Vernova Inc. (GEV) announced a new quarterly cash dividend of $0.50 per share, a 100 % increase from the current $0.25 dividend, and expanded its share‑repurchase authorization to $10 billion from $6 billion. The dividend will be paid on February 2 2026 to shareholders of record as of January 5 2026, while the company has already repurchased $3.3 billion of shares as of December 3 2025, leaving $6.7 billion of the new authorization available for future buybacks.
The dividend hike reflects GE Vernova’s confidence in its cash‑flow generation, a sentiment echoed by CFO Ken Parks, who said the company is “committed to maintaining an investment‑grade balance sheet as we make organic investments, pursue targeted M&A, and return at least one third of cash generation to shareholders through our higher dividend and increased share repurchase program.”
The expanded buyback authorization signals a strategic intent to return value to shareholders while preserving flexibility for future capital allocation. With the new $10 billion cap, GE Vernova can accelerate share repurchases in response to market conditions or to support its share price, without compromising its investment‑grade credit profile.
GE Vernova’s broader outlook underscores the role of AI and electrification in driving demand for its power, wind, and electrification products. The company has raised its long‑term revenue guidance to $52 billion and its adjusted EBITDA margin outlook to 20 % by 2028, up from previous estimates of $45 billion and 14 %. CEO Scott Strazik noted that “AI is a real driver for us right now, but it isn’t the only driver. We’re going to generate a lot of cash and that’s going to give us a chance to play offense.”
The company is also advancing its electrification strategy through the acquisition of the remaining 50 % stake in Prolec GE, a deal expected to close by mid‑2026 and accelerate growth in the electrification segment. With a projected backlog of roughly $200 billion by the end of 2028, GE Vernova is positioned to capture a growing share of the AI‑driven data‑center and industrial electrification markets.
These capital‑return initiatives, coupled with a strengthened guidance outlook and a strategic acquisition, reinforce GE Vernova’s trajectory toward higher profitability and a more resilient balance sheet, positioning the company to capitalize on the accelerating transition to electrified and AI‑enabled infrastructure.
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