William Blair’s Heymann Sees 2015 GE Dividend up 8-10% (Audio)

Nicholas Heymann, co-group head of global industry infrastructure at William Blair & Co. LLC, says the regulatory filing today which kicks off General Electric’s roadshow to pitch investors on Synchrony came earlier than forecast – the company is targeting completion by the end of July, rather than early September, is positive. He says his understanding is that there is strong interest in the offering. Heymann says it was a surprise that GE wants to complete a full split-off in the second half of 2015. Heymann says GE is simplifying its portfolio of businesses and will grow its dividend in line with earnings, which makes an 8-10% increase realistic next year. Heymann speaks with Bloomberg’s Vonnie Quinn on Bloomberg Radio’s "The Hays Advantage”.

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