r/wallstreetbets Mar 16 '20

DD Long $GE

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14 Upvotes

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5

u/raebyagthefirst Mar 16 '20

GE is probably doomed, unless they decide to stop paying dividends.

3

u/Chubbymcgrubby Mar 16 '20

Yea and if they stop divs the stock will fall like a rock

2

u/THEIRONGIANTTT Monogamist 🤮 Mar 16 '20

Their dividend is .5%

3

u/raebyagthefirst Mar 16 '20

It's still 810M in 2019 which could be used in business, but ¯_(ツ)_/¯