6 responses

  1. Dividend Growth Investor
    February 28, 2009


    Thanks for the overview of GE’s dividend cut. I didn’t know that the company hasn’t cut dividends since 1938. Where did you get the info from?


  2. Four Pillars
    February 28, 2009

    DGI – someone tweeted a link to the announcement – I think I googled and found an article that mentioned that fact.

    Another interesting fact is that it is the only original member of the Dow remaining (although it has been off the index at times). I read that on Wikipedia.


  3. Patrick
    March 3, 2009

    I have a few shares of GE in my portfolio. The dividend cut is disappointing from one perspective, but if it helps the company, then it’s not all bad. Long term GE still has good prospects – at least outside of their banking branch. This economy certainly is interesting. 10 years from now we’re going to look back and lament the days when stocks were so cheap! 🙂


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