General Electric just slashed its dividend — and that could save its stock from free-fall (GE)
General Electric announced on Monday that it's cutting its quarterly dividend distribution in half.
The decision comes at a time when equity investors are rewarding companies that are reinvesting in their own businesses, relative to those that pay dividends and repurchase stock.On the surface, General Electric's decision to slash its quarterly dividend in half would seem to be a move that would alienate shareholders. But the opposite might actually be true.
Investors have made it known over the
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