GE Reduces Dividend Payments to Just 1 cent per Share

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The GE company has been struggling this year and is down more than 60% to date.

Currently trading lower than it was back in 2008 and 2009 period when the economy was deep in recession.

General Electric shares down a massive 63% this year so far alone and no real sign of slowing down any time soon. Saved only by the GE aviation segment which is still proving profitable for the company.

“The Board of Directors of GE (GE) today declared a $0.01 per share dividend on the outstanding common stock of the Company. The dividend is payable January 25, 2019 to shareowners of record at the close of business on December 20, 2018. The ex- dividend date is December 19, 2018.”

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