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GE's Dividend Yield Could Slip to 2.3% -- Barron's Blog
DOW JONES & COMPANY, INC. 1:03 PM ET 10/10/2017
Symbol Last Price Change
GE 23.63down +0.2 (+0.85%)
QUOTES AS OF 01:25:04 PM ET 10/10/2017
With General Electric(GE) ( GE) cutting some senior staff members as the new CEO takes charge, some investors think a dividend cut is getting more likely.

Barron's covered the thoughts of J.P. Morgan's Stephen Tusa on Monday (See, " General Electric(GE): After Ousters, a Dividend Cut?"). GE shares fell more than 4% Monday.

Tuesday, Baird, which doesn't cover the company, made a reference to the speculation. Industrial sector strategist Allen Root notes:

It appears clients now expect a dividend cut; the current yield is 4% and the average multi-industry yield is more like 2.3% (Baird estimates).

In early September, Morgan Stanley's Nigel Coe and team called the dividend " uncomfortably high," but at that point, he thought there were not plans to lower it. That may have changed.

More at Barron's Income Investing blog, http://www.barrons.com/income-investing