Comments on: GE Cuts Dividend – First Time Since 1938

By: 2nd Quarter Winners (Them) and Losers (You) «

2nd Quarter Winners (Them) and Losers (You) « — Fri, 24 Jul 2009 09:06:52 +0000

[...] CEO and dumped it into the crapper, has begun its reduced dividend payouts for the first time first time since 1938. Like they say, Everything Old Is New Again. Formerly earning 31 cents a share, millions [...]

By: WordPress » Blog Archive » Dividend Stocks to Avoid: General Electric, State Street, Gannett, US Bancorp, and Pfizer

Tue, 21 Apr 2009 14:43:15 +0000

[...] in February, General Electric (GE) 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 [...]

By: TheTradingReport » Blog Archive » Dividend Stocks to Avoid: General Electric, State Street, Gannett, US Bancorp, and Pfizer

Tue, 21 Apr 2009 14:10:49 +0000

By: TheTradingReport » Blog Archive » General Electric (GE) Cuts the Dividend

Mon, 23 Mar 2009 13:47:32 +0000

[...] 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 [...]

By: TheTradingReport » Blog Archive » 10 Links to Enjoy This Weekend

TheTradingReport » Blog Archive » 10 Links to Enjoy This Weekend — Mon, 23 Mar 2009 13:46:06 +0000

[...] Pillars informed us that GE’s dividend cut was first since 1938. It is interesting to note that GE stock is down almost 20% from the dividend cut announcement last [...]

By: Patrick

Patrick — Tue, 03 Mar 2009 18:23:57 +0000

I have a few shares of GE in my portfolio. The dividend cut is disappointing from one perspective, but if it helps the company, then it’s not all bad. Long term GE still has good prospects – at least outside of their banking branch. This economy certainly is interesting. 10 years from now we’re going to look back and lament the days when stocks were so cheap!

By: Roundup and Link Love - I can’t believe it’s snowing again edition | The Wisdom Journal

Sat, 28 Feb 2009 21:25:13 +0000

[...] you were wondering exactly how rough the economy has become, General Electric cut its dividend for the first time in 71 [...]

By: Four Pillars

Four Pillars — Sat, 28 Feb 2009 17:49:21 +0000

DGI – someone tweeted a link to the announcement – I think I googled and found an article that mentioned that fact.

Another interesting fact is that it is the only original member of the Dow remaining (although it has been off the index at times). I read that on Wikipedia.

By: Dividend Growth Investor

Dividend Growth Investor — Sat, 28 Feb 2009 14:52:44 +0000

FP,

Thanks for the overview of GE’s dividend cut. I didn’t know that the company hasn’t cut dividends since 1938. Where did you get the info from?