7 Reasons General Electric Company Might Cut Its Dividend
Ever since General Electric Company's (NYSE: GE) tumultuous third-quarter earnings report, there has been one overriding question on dividend investors' minds: Will the company cut its dividend? I happen to think there is a good chance that new CEO John Flannery will make the cut -- here's why.
Flannery's comments on the recent earnings call suggested that cutting the dividend was an option. While it's true that he described the dividend as "a priority in our capital allocation framework" he also talked of a "balance of growth investment and dividend payout."
Source: Fool.com