1. General Electric Slashes its Divided by 50%

    General Electric Slashes its Divided by 50%

    General Electric's board of directors announced on Monday it is cutting its dividend in half  — from $0.24 to $0.12 a share.

    “We understand the importance of this decision to our shareowners and we have not made it lightly.  GE Chairman and CEO John Flannery said in the release. "We are focused on driving total shareholder return and believe this is the right decision to align our dividend payout to cash flow generation...

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