General Electric Cuts Dividend
Posted on February 28, 2009 at 19:10 PM EST
The big news on Friday was the dividend cut from on of the most prominent dividend aristocrats - General Electric (GE). The company lowered its quarterly payment to $0.10 from $0.31/share for the first time since 1938 in an effort to save 9 billion dollars annually and maintain its AAA ...
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