Why GE Should Completely Eliminate Its Dividend

Posted On November 9, 2017 1:15 pm

Pretty much the only shareholders that still own it are those attracted to the generous yield. However, management is almost certainly going to slash the payout at the Novermber 13th meeting, which might end up being just one of several dividend cuts in the troubled company’s future.

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Photo: “GE Neon Sign” by SeeMidTN.com (aka Brent) is licensed under CC BY-NC

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Dividend Sensei
Dividend Sensei

I'm an Army veteran and former energy dividend writer for The Motley Fool. I currently write for both Seeking Alpha, Simply Safe Dividends, and DividendSensei.com My goal is to help all people learn how to harness the awesome power of dividend growth investing to achieve their financial dreams, and enrich their lives. With 22 years of investing experience, I've learned what works and more importantly, what doesn't, when it comes to building long-term wealth and income streams. I'm currently on an epic quest to build a broadly diversified, high-quality, high-yield dividend growth portfolio that: 1. Pays a 5% yield 2. Offers 7% annual dividend growth 3. Pays dividends AT LEAST on a weekly, but preferably, daily basis

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