First of many companies which bought back their own stock when the market was at record highs, then when they crash like GE, their assets are under-water.
GE has a good dividend?
Check again. It was completely cut over a month ago from .12 cents a quarter to a penny. This was after being cut from .24 cents almost a year ago so that’s a 98% cut and it’s at current price under a tenth of one percent. Not tempting at all for dividend
First of many companies which bought back their own stock when the market was at record highs, then when they crash like GE, their assets are under-water.
There's a lot of risk out there at this point in the business cycle. It's important to be looking hard for value!
GE is an easy temptation for beginner investors due to its dividend rate, but it doesn't have much growth value.
GE has a good dividend?
Check again. It was completely cut over a month ago from .12 cents a quarter to a penny. This was after being cut from .24 cents almost a year ago so that’s a 98% cut and it’s at current price under a tenth of one percent. Not tempting at all for dividend
Wow. Last I checked it was up near 4% per year. That's disturbing...
Now that the new quarter is posted it’s updated.
Wow... just wow.
It was $12 when they cut it in early November. At this rate the penny might be 4% if GE keeps going this way 😱