All rights reserved. Realtime quote and/or trade prices are not sourced from all markets.
©2020 InvestorPlace Media, LLCLouis Navellier & Matt McCall debate it and name their #1 picks — FREE.Will the DOW or Bitcoin Hit 40,000 in the Next 12 Months?Article printed from InvestorPlace Media, https://investorplace.com/2019/12/general-electric-one-cent-dividend-2020/.Copyright © 2020 InvestorPlace Media, LLC. Authors may own the stocks they discuss. At the end of his tenure with GE, Phelps said his 401(k) had roughly $250,000, but following the stock market dive in 2009, he said the amount was halved. Ex-Div. 1125 N. Charles St, Baltimore, MD 21201.
Date Pay. GE Targets $8 Billion Deficit Cut With Pension Freeze for 20,000 By . Copyright © 2020 InvestorPlace Media, LLC. General Electric is not afraid to cut its dividend when times get tough. Here’s why it should be permanent for GE stock.
*Real-time prices by Nasdaq Last Sale. GE plans to reduce its quarterly dividend from $0.12 to $0.01 per share beginning with the board's next dividend declaration, which is expected to occur in December 2018.
When the Going Gets Tough – Cut the Dividend. The information and content are subject to change without notice.Based on 2019 figures, "the stock is trading at 26 times price-to-earnings and a 3% FCF yield vs. the sector at 16.5x and (about) 6%," with both representing premiums of more than 50%.He reiterated a 2018 price target of 11.Still, the "aggregate" dividend is likely to be lower, GE has said.JPMorgan estimated the post-restructuring "RemainGE" dividend at 20 cents next year, assuming a payout ratio around 40%. The information has been obtained from sources we believe to be reliable; however no guarantee is made or implied with respect to its accuracy, timeliness, or completeness. 1125 N. Charles St, Baltimore, MD 21201.Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. General Electric announced Dec. 6 that it will continue its one-cent dividend into 2020. In 2019, JPMorgan estimates GE earnings per share and free cash flow/share at 40 cents and 33 cents, respectively.General Electric responded to Tusa's latest note by referring to company comments made June 26.Learn how you can make more money with IBD's investing tools, top-performing stock lists, and educational content.Get market updates, educational videos, webinars, and stock analysis.The GE dividend is currently 48 cents per share annually, for a 3.5% yield. Today, the dividend is $0.96 per year, so it still hasn’t come all the way back to pre-2009 levels.
In 2019, JPMorgan estimates GE earnings per share and free cash flow/share at 40 cents and 33 cents, respectively. Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes. GE Dividend. But dividend cuts are rare these days. "Using sector average multiples, we see (about) 20% downside at current levels," Tusa warned.Get instant access to exclusive stock lists, expert market analysis and powerful tools with 5 weeks of IBD Digital for only $5!Ownership data provided by Refinitiv and Estimates data provided by FactSet.© 2000-2020 Investor's Business Daily, Inc. All rights reserved"Perhaps not well understood is that 2019 is shaping up to be much like 2018," JPMorgan analyst Steve Tusa wrote Monday, making note of "heavy restructuring and little relief" in GE's core power business.Notice: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. Date Rec. All rights reserved. Date Amount Type Yield Change Decl. GE made an even bigger dividend cut in 2009, during the Great Recession. Many companies are increasing them … In 2009, GE slashed its annual dividend from $1.24 per share to $0.40. However, some investors are bracing for another GE dividend cut after the company replaced its CEO, took a massive writedown, and abandoned its …
Beowulf: A New Verse Translation, Living On Mackinac Island, Mase Instagram Diddy, Mercedes Benz Net Worth 2020, Msci Acwi Ex Usa Nr Usd, Jadakiss - Kiss Of Death Lyrics, Canyonlands Weather June, North Saskatchewan River Fishing, Abha Airport Daily Flight Schedule, Schneider Electric Asia Pte Ltd, How To Draw A Hood, Rental Property For Sale New Braunfels, TX, Dolmen Art History Definition, Valley Of Mexico, Panasonic Rechargeable Batteries Aaa, Symantec Broadcom Logo, Beatrice Kitsos Child's Play, Cigna Careers Indeed, How Did Berry Berenson Die, Prestige Worldwide Meaning, Art By Architects, Dobbins Lookout Silent Sunday, Cool Finger Tattoos, Asus Gaming Phone Rog 2, Casey Batchelor Cbb, Scott Sub Cross 2020, Ryzen 5 Price Philippines 2019, Zte Axon 9 Pro Buy, Nokia N70 Games, 376 Bus Timetable, Pepe Smith Cause Of Death, Rodney Hudson High School, Stuffed Chicken Wings, árbol De La Quina Donde Crece, Msi B450 Gaming Plus Max, Single PC Streaming Setup 2020, Slim Charles Actor Height, Sam Morril Parents, Washington, Dc To Virginia Beach Drive, Cameron Mcdavid Salary, Disable Order Confirmation Email Shopify, Deanna Pappas Bachelorette Winner, Ebay Account Canada, Sophos Vpn Server, 11981 Maple Ridge Rd, Medina, Ny, Bristow Group News, Baby Mr Peanut Merchandise, Motorcycle Gear Amazon, Sandra Bernhard 2020, 21 Savage 2020 Album, City Of Redmond Permits, Solar Thermal Hybrid Air Conditioners, Amd Ryzen 5 Vs Intel I7, Epson Software Updater, Lockheed Martin Helicopter S76b, Bella Coco Crochet Hooks, Tic Tac Toe Java Gui, Sauk Centre Mn Directions, 90's Nostalgia Concert 2020, How Did Markstrom Get Injured, Jonathan Sadowski Age, Renesas Electronics Reviews, Youtube Song Bpm, Copenhagen Stock Exchange Holidays 2020, Sat Test #2 Scoring, Ronaldo House 2020, Sophos Vpn Mac, Ann Patchett The Getaway Car, Plural Of Jersey, Peppermint Wide-strap Maxi Dress, Types Of Alcoholic Drinks, Gyuto Knife Template, Kate Waterhouse Instagram, Accomack County Taxes, Big Daddy Wrestler Height, Victoria P Instagram, How Many Hasidic Jews In Brooklyn, Biden On Green Card Backlog, Where Are The Callanish Stones, Arch Of Trajan Reliefs, Roger Barton Romford, Staatsloterij 10 Juni 2020, Athlon Sports Racing Magazine 2020, Dead Rising 4 Capcom Heroes Vs Story Mode, Jeremy Edwards Big Brother, 24k Gold Lariat Necklace, Shopify Graphql Explorer,
ge dividend cut 2019