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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 Slashes Its Dividend by 92%: Here's What ...
Source: Flickr/Jeffrey Turner Long-term investors buy shares of General Electric for many reasons: its innovative culture, industry diversification, worldwide exposure, and its storied dividend ...
General Electric was a longtime "dividend aristocrat" (a company with a long history of maintaining dividend payments to shareholders). Until 2017, the company had never cut dividends for 119 years before a 50% dividend reduction from 24 cents per share to 12 cents per share. [162]
GE Money Bank (formerly GE Capital Bank) was a significant institution in the Czech Republic. It was founded in 1997, after the acquisition of Agrobanka bank as GE Capital Bank. In the year 2000, it changed the name to GE Money Bank. It went through an IPO in 2016 and operates under the new name of Moneta Money Bank.
us .spindices .com /indices /equity /dow-jones-industrial-average. The Dow Jones Industrial Average ( DJIA ), Dow Jones, or simply the Dow ( / ˈdaʊ / ), is a stock market index of 30 prominent companies listed on stock exchanges in the United States. The DJIA is one of the oldest and most commonly followed equity indexes.
After slashing their dividend in November 2017 from 24 cents to 12 cents, getting kicked off the Dow in 2018, and replacing their CEO, GE has fused out. Power's Out: General Electric (GE) Slashes ...
A dividend is a distribution of profits by a corporation to its shareholders. When a corporation earns a profit or surplus, it is able to pay a portion of the profit as a dividend to shareholders. Any amount not distributed is taken to be re-invested in the business (called retained earnings ).
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