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In Friday’s after-hours session, General Electric Company (NYSE: GE) declared a 1-cent per share dividend, applicable for the outstanding common stock of the company. The dividend is payable on ...
Just six months ago, the GE dividend was slashed by 50%. Some investors and analysts are starting to brace for another dividend cut.
With revenue, earnings, and cash flow all under pressure, General Electric decided to cut its quarterly dividend all the way to $0.01 per share.
GE Cash Dividend Payout Ratio data by YCharts. The stock's dividend yield is just 0.69% today, but given the room for significant increases, that should quickly pick up over the next few years.
On Friday, General Electric (NYSE:GE) announced it would be increasing its quarterly dividend by 12%, from $0.17 to $0.19 per share. Its BoD also authorized a major increase in share repurchases ...
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