GE replaced Brennan with Rosput Reynolds and on 17th of Nov buyers put in a low in GE corp bonds, '23, '32, '35. The 30's bounced well however the 23's still hint and short term despair.
- board of directors approved a dividend of $0.01 per common share, lower compared with the company's dividend of $0.12 per share in the previous four quarters.
Per UBS coverage, 2019 will be big for GE if they can successfully divest $BHGE and Health. 80% of the cash flow is to be retained by the equity holders.
Down 77.3% in 3 years puts it on the radar as a buy over the next 2 years. IMO
- board of directors approved a dividend of $0.01 per common share, lower compared with the company's dividend of $0.12 per share in the previous four quarters.
Per UBS coverage, 2019 will be big for GE if they can successfully divest $BHGE and Health. 80% of the cash flow is to be retained by the equity holders.
Down 77.3% in 3 years puts it on the radar as a buy over the next 2 years. IMO
Comment:
Edit: Divs are $0.10 not $0.01
Comment:
never mind..they are actually 1cent.
