5 Best Innovative Stocks that Pay Dividends

4. General Electric Company (NYSE:GE)

Number of Hedge Fund Holders: 59

General Electric Company (NYSE:GE) is an American multinational conglomerate. The company has a long-standing tradition of pushing the boundaries of innovation, starting with Thomas Edison’s breakthrough in creating a practical light bulb. From there, they continued to redefine what was achievable by inventing the first X-ray machines. Their contributions also extended to revolutionizing entertainment with the creation of the first television broadcast.

General Electric Company (NYSE:GE), one of the best innovative stocks, currently pays a quarterly dividend of $0.08 per share and has a dividend yield of 0.29%, as of July 14.

At the end of the March quarter, 59 hedge funds tracked by Insider Monkey owned stakes in General Electric Company (NYSE:GE), consistent with the previous quarter. These stakes are collectively valued at over $7.6 billion.

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