GE slashes quarterly dividend
Tweet
Share
E-mail
The logo of General Electric Co. is pictured at the Global Operations Center in San Pedro Garza Garcia, neighbouring Monterrey, Mexico, on May 12, 2017. REUTERS/Daniel Becerril
Get Alerts GE Hot Sheet
Price: $355.12 -0.7%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.6%
EPS Growth %: +12.0%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.6%
EPS Growth %: +12.0%
Join SI Premium – FREE
(Reuters) - General Electric Co (NYSE: GE) said on Monday it would halve its quarterly dividend to 12 cents per share.
This is the third time in its history that the 125-year-old industrial conglomerate has cut its dividend.
(Reporting by Ankit Ajmera in Bengaluru; Editing by Saumyadeb Chakrabarty)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- S&P Global (SPGI) Declares $0.97 Quarterly Dividend; 1% Yield
- Eli Lilly & Co. (LLY) Declares $1.73 Quarterly Dividend; 0.6% Yield
- SpaceX reportedly signs $6.3B computing deal with Reflection AI
Create E-mail Alert Related Categories
Dividends, General News, ReutersRelated Entities
DividendSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
