GE Plans to Reduce Quarterly Dividend in Conjunction with Revised Capital Allocation Framework

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General Electric (GE) to Cut its Dividend by 50%

November 13, 2017 6:31 AM EST

GE (NYSE: GE) today announced that its Board of Directors has determined to set the Companys quarterly dividend to a projected payout of $.12 per outstanding share of the Company's stock. This represents a 50% reduction from the current quarterly dividend of $.24. This change will be... More