Value Investing News

The big news yesterday was the dividend cut from on of the most prominent dividend aristocrats – General Electric (GE). The company lowered its quarterly payment to $0.10 from $0.31/share for the first time since 1938 in an effort to save 9 billion dollars annually and maintain its AAA rating.

• http://www.dividendgrowthinvestor.com/2009/02/general-electric-ge-cuts-dividend.html (0)