How General Electric Is Re-Positioning Itself for Dividend Growth
- By Ben Reynolds
The U.S. is now seven years out from the official end of the Great Recession. But despite this, bad memories still linger for General Electric (GE) investors...
That's because - due to its massive financing operation known as GE Capital - GE was one of the hardest-hit companies by the financial crisis. Things got so bad that in 2009, the company slashed its quarterly dividend from 31 cents to just 10 cents per share.
Warning! GuruFocus has detected 7 Warning Signs with GE. Click here to check it out.
2015 Annual Report, letter to shareholders
