GE close to a 52 week low

[bigfrank Administrator Find all posts View Profile Close bigfrank]

Pays a nice dividend also.

[tonyg Goomba & Super Moderator Find all posts View Profile Close tonyg]

Too bad hey don't pay some taxes or are forced to fix what they polluted..

[rapmarks Moderator Find all posts View Profile Close rapmarks]

but it is only 3 dollars from its high

[bigfrank Administrator Find all posts View Profile Close bigfrank]

but it is only 3 dollars from its high

It has been in the $24 to $27 range for a few years now. It was just upgraded about two weeks ago. I will see if I can find the news on it, But they said it is selling cheap with a nice dividend

[bigfrank Administrator Find all posts View Profile Close bigfrank]

http://www.thestreet.com/story/12995...d-peltier.html

[tonyg Goomba & Super Moderator Find all posts View Profile Close tonyg]

So no growth and a nice ? dividend. Doesn't excite me.

[easyrider Senior Member Find all posts View Profile Close easyrider]

GE is a pretty big deal with alot of exposure to the energy sector. Over 20% in gas and oil. If oil prices don't rebound GE will loose alot of money, imo.

[bigfrank Administrator Find all posts View Profile Close bigfrank]

You could have bought it under 24 last month. Do not think it will ever hit those lows again.
http://www.thestreet.com/story/13050...o&cm_ven=YAHOO

[chriskre Super Moderator Find all posts View Profile Close chriskre]

So how much does the dividend pay?

[bigfrank Administrator Find all posts View Profile Close bigfrank]

So how much does the dividend pay?

Just under 4%. I believe it was 3.7 today

[bigfrank Administrator Find all posts View Profile Close bigfrank]

Over $26.11 now. Could have hit the bottom at $23.41 last month

[bigfrank Administrator Find all posts View Profile Close bigfrank]

GE is a pretty big deal with alot of exposure to the energy sector. Over 20% in gas and oil. If oil prices don't rebound GE will loose alot of money, imo.

What were you saying , Up close to $3 today, I do not know why it is up, but I am happy it is.

[tonyg Goomba & Super Moderator Find all posts View Profile Close tonyg]

There are going to sell their financial unit.

[Icc5 Senior Member Find all posts View Profile Close Icc5]

They are getting back to original roots. Selling off financial arm, huge stock buyback,should see much better dividends.
Total return should really improve for long term holders.

[easyrider Senior Member Find all posts View Profile Close easyrider]

I heard GE was up almost 11% on Friday alone for getting rid of GE Financial. GE said they were going to do this. Nice call Frank.

Even so, GE might get hammered this year if the price of oil doesn't go up.