Will General Electric Cut Its Dividend...Again?
The 2017 Dud of the Dow award is already looking in the bag for General Electric (NYSE: GE). The industrial conglomerate is the worst-performing Dow Jones Industrial Average stock this year... and the race ain't even close.
Already, nervous investors and skeptical analysts are furiously debating whether a dividend cut is in the cards for the beaten-down giant. Here's what people are saying, and what you can expect.
General Electric has been punished by the stock market for its lackluster earnings and ongoing problems. But would it really cut its dividend? Image source: Getty Images.
Source: Fool.com
General Electric Co. Stock
€253.00
3.060%
The stock is one of the favorites of our community with 35 Buy predictions and 3 Sell predictions.
As a result the target price of 284 € shows a slightly positive potential of 12.25% compared to the current price of 253.0 € for General Electric Co..
