GoFuckYourself.com - Adult Webmaster Forum - View Single Post - General Electric approved .31 per quarter dividend

Kard63 · 02-06-2009, 01:03 PM

I've never purchased a stock because of the dividend even though that was the original point back in the day. GE's dividend is 31 cents per share per quarter and shares are only $11. Thats about an 11% return per year.

As a person who has never purchased because of the dividend I don't know if this is common but it seems to be it is too good to be true and it is probably only being offered to sell some stock, then the stock will drop farther, then they will reduce the dividend.

Any thoughts? tempting...

02-06-2009, 01:03 PM
Kard63 Confirmed User Join Date: Nov 2003 Location: 237 619 975 Posts: 8,944	General Electric approved .31 per quarter dividend I've never purchased a stock because of the dividend even though that was the original point back in the day. GE's dividend is 31 cents per share per quarter and shares are only $11. Thats about an 11% return per year. As a person who has never purchased because of the dividend I don't know if this is common but it seems to be it is too good to be true and it is probably only being offered to sell some stock, then the stock will drop farther, then they will reduce the dividend. Any thoughts? tempting... __________________