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General Electric was a longtime "dividend aristocrat" (a company with a long history of maintaining dividend payments to shareholders). Until 2017, the company had never cut dividends for 119 years before a 50% dividend reduction from 24 cents per share to 12 cents per share. [ 162 ]
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1912. General Electric begins using phenolic resins to mold plastic parts [ 5] 1913. Charles A. Coffin becomes the first Chairman of General Electric. 1913. Edwin Rice becomes President, replacing Charles A. Coffin. 1917. General Electric acquires synchronous electric clock manufacturer Telechron. 1918.
With revenue, earnings, and cash flow all under pressure, General Electric decided to cut its quarterly dividend all the way to $0.01 per share. GE Slashes Its Dividend by 92%: Here's What ...
General Electric announced today it is poised to receive some $6.5 billion this year in dividends from its financial services arm, GE Capital Corp. It already paid $447 million in first-quarter ...
The Permanent Fund Dividend (PFD) is a dividend paid to Alaska residents that have lived within the state for a full calendar year (January 1 – December 31), and intend to remain an Alaska resident indefinitely. [15] This means if residency is taken on January 2, the "calendar year" would not start until next January 1.
The company has paid this same amount to investors since December 2012, after upping its payout by $0.02, or 11.7%, from $0.17. GE's latest General Electric Keeping Dividend Steady
History. GE Appliances was originally a part of General Electric, a company which began marketing a full roster of heating and cooking products in 1907. [7] In January 2004, it became part of GE Consumer & Industrial when GE Consumer Products (founded in 1905) merged with GE Industrial Systems (founded in 1930) to form GE Consumer & Industrial.