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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.
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 ]
S&P 500 Dividend Aristocrats. The S&P 500 Dividend Aristocrats is a stock market index composed of the companies in the S&P 500 index that have increased their dividends in each of the past 25 consecutive years. It was launched in May 2005.
GE Money Bank (formerly GE Capital Bank) was a significant institution in the Czech Republic. It was founded in 1997, after the acquisition of Agrobanka bank as GE Capital Bank. In the year 2000, it changed the name to GE Money Bank. It went through an IPO in 2016 and operates under the new name of Moneta Money Bank.
The ex-dividend date (coinciding with the reinvestment date for shares held subject to a dividend reinvestment plan) is an investment term involving the timing of payment of dividends on stocks of corporations, income trusts, and other financial holdings, both publicly and privately held. The ex-date or ex-dividend date represents the date on ...
In February 2006, GM slashed its annual dividend from $2.00 to $1.00 per share. The reduction saved $565 million a year. In March 2006, GM divested 92.36 million shares (reducing its stake from 20% to 3%) of Japanese manufacturer Suzuki, in order to raise $2.3 billion. GM originally invested in Suzuki in the early 1980s.
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.
The History of the General Electric Company up to 1900 – Part 1 – GEC Review, Volume 14, No. 1, 1999; The History of the General Electric Company up to 1900 – Part 2 – GEC Review, Volume 14, No. 2, 1999; The Roots of GEC 1670 – 1999; The former GEC Archives Collection – archived website; Listen to the 1904 "GEC March"