GE is one of the original Dow companies and has paid and raised its dividend regularly.
Recent Stock Splits 1983, 1987, 1994, 1997, & 2000,
2003-2008 Ave Price $35.00. Mar 2009 price $7.09. Current price $24.23
GE increased it’s dividend on average 8% per yr.
Div on Feb 2009 was 0.31, by Jun 2009 0.10 a 67% cut. Now it’s 0.19.
Lets say between 2003\2008 you bought it 5 times @$31, $32, $33, $34 & $35. Investing $1,000 each time, total $5,000 with 151.79 shares:
What would you have done (did do) if you had owned GE?
1. Sold your shares,
2. Hung on to ride it out, or
3. Had the courage to buy more shares after it dropped?
Recent Stock Splits 1983, 1987, 1994, 1997, & 2000,
2003-2008 Ave Price $35.00. Mar 2009 price $7.09. Current price $24.23
GE increased it’s dividend on average 8% per yr.
Div on Feb 2009 was 0.31, by Jun 2009 0.10 a 67% cut. Now it’s 0.19.
Lets say between 2003\2008 you bought it 5 times @$31, $32, $33, $34 & $35. Investing $1,000 each time, total $5,000 with 151.79 shares:
What would you have done (did do) if you had owned GE?
1. Sold your shares,
2. Hung on to ride it out, or
3. Had the courage to buy more shares after it dropped?