GE cuts dividend for second time since Great Depression – CNNMoney

GE is having a digital moment
GE is having a digital moment

General Electric is slashing its coveted stock dividend in half and shrinking itself further by selling storied businesses such as its railroad and light bulb units.

The dividend cut, only GE’s second since the Great Depression, shows the depths of the iconic company’s financial problems.

This Article Was Originally From *This Site*

Powered by WPeMatico