$175,000,000

It is truly amazing that GE will be paid the termination fee after pulling the appliance deal off the table.

You have to ask yourself, “Have they been cultivating a better deal all along?”
I can only imagine. However, the $175,000,00 booked this quarter will surely be better than nothing next quarter along with unknown legal fees added to a losing proposition.

I know that it all boils down to $$$. GE has had a nice run this year, and financial engineering is very very important when things boil down to a penny or so.

I feel that the $175,000,000/9,500,000,000 shares is almost .02/share. The executives had access to 2 cents per share almost quaranteed by walking away,  while from the court proceedings I read about, it seemed that the left did not know what the right was doing. Maybe GE did what was appropriate. I know it all boils down to the almighty dollar, and we shall see how things work out.

Hopefully, everything is going as planned, and GE delivers on the promises that have been made. Maybe, because the GE Capital  sales are ahead of schedule, we might see a small bump in the dividend. That sure would stimulate investor sentiment. Imagine how a 1 cent increase vs. a 0 cent increase would pan out. GE has been increasing its dividend almost as soon as it cut it and attaining Aristocrat status should be high on the “To Do” list. All it will take is a 1 cent increase, and the streak is still intact. I vote for the penny, however, I have no power in the decision.

Anyhow, time will tell, and we will soon know.

Good luck to all.

Keep cranking,

Robert the DividendDreamer
AKA — Seeking Dividends@Seeking Alpha

Follow me on Twitter– Seeking Dividends@DividendDreamer

Seeking Dividends
AKA — DividendDreamer

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About dividenddreamer

Doing what I can to make the best of today and the most of tomorrow.
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