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Fla Dem

(27,709 posts)
10. Dividends and stocks
Tue Nov 9, 2021, 11:52 AM
Nov 2021
Dividends
In 2018, GE reduced its quarterly dividend from $0.12 to $0.01 per share.[141]

Stock
As a publicly-traded company on the New York Stock Exchange, GE stock was one of the 30 components of the Dow Jones Industrial Average from 1907 to 2018, the longest continuous presence of any company on the index, and during this time the only company which was part of the original Dow Jones Industrial Index created in 1896.[142] In August 2000, the company had a market capitalization of $601 billion, and was the most valuable company in the world.[143] On June 26, 2018, the stock was removed from the index and replaced with Walgreens Boots Alliance.[144] In the years leading to its removal, GE was the worst performing stock in the Dow, falling more than 55 percent year on year and more than 25 percent year to date.[145] The company continued to lose value after being removed from the index.[146]

https://en.wikipedia.org/wiki/General_Electric


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