General Electric’s 119-year-old dividend is a source of pride inside this once-dependable company.
Questions:
1. Why is a dividend cut expected?
2. What is the estimate of how much might be cut?
3. Even with the cut, the dividend is expected to do what to GE’s financials?
Source:
Egan, M. (2018). GE’s 119-year-old dividend is on life support. CNN Business, Oct. 19 (Retrievable online at https://www.cnn.com/2018/10/19/investing/general-electric-dividend-stock/index.html)