General Electric cuts dividend by 67.7 percent in 2009 Dividendhike.com | Dividend News and Statistics for US Equities

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Business	yield	Hike yrs	5 yr CAGR	freq.	paid since
General Electric As of October 10, 2023	ticker	dps (an.)	2024 hike	2023 hike	2022 hike
General Electric As of October 10, 2023	GE	$0.32	0.0%	-100.0%	0.0%
Industrial Conglomerate	0.3%	0	N/A	Quarter	1899

General Electric cuts dividend by 67.7%

Friday 12 June 2009

General Electric (GE) will cut its quarterly dividend by 67.7 percent from $0.31 to $0.10 per share in 2009. This marks the company's first dividend cut since the Great Depression. In the fourth quarter of 2007 GE hiked its dividend for the last time.

The lowered dividend is payable July 27, 2009 to shareholders of record on June 22, 2009. The ex-dividend date will be June 18, 2009.

General Electric Company is a global digital industrial company. The Company's products and services range from aircraft engines, power generation and oil and gas production equipment to medical imaging, financing and industrial products.

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