04-10-2015, 09:16 AM
Well, that really blows! No dividend raises from GE next year.
GE Exits Lending Business, Approves $50 Billion Stock Buyback
GE Exits Lending Business, Approves $50 Billion Stock Buyback
Quote:As a result of the move, some $90 billion in buybacks and dividends could be returned to shareholders through 2018, the company said. It plans to keep its dividend at the current level through 2016 and grow it thereafter.