Tuesday, December 2, 2008

GE keeps dividend

General Electric announced today that it will be making changes to its financing dividend and maintaining its dividend. The company said it will hit .50-.52 earnings per share for the fourth quarter which is among the low end of earnings estimates. The dividend provides some relief to shareholders and made the stock rise a little today.

*Disclaimer-I own shares of General Electric in my Sogotrade account.

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