GE: Keep Your Dividend or AAA Debt Rating, But Not Both
Read the full article at: http://www.dividends4life.com/2009/01/ge-keep-your-dividend-or-aaa-debt.html
Submitted by Dividends4Life on Fri, 2009-01-09 07:54.
(via www.dividends4life.com)
Is General Electric (GE) the next major company to cut its dividend? Last year, in a public statement GE CEO Jeff Immelt said that GE would hold its dividend flat through 2009. Recently, there has been mounting pressure on the company that may make that promise difficult to keep.