General Electric’s 119-year-old dividend is a source of pride inside this once-dependable company.
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?
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)