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If Tim and it's we have team coverage for you -- -- -- -- and the zany -- senator call on the floor of the New York Stock Exchange watch and general elect.
Dirk well isn't this isn't bad news -- -- general -- depends on how you view this one but.
A couple of things General Electric Dow component.
And raising its dividend which -- -- ultimately sounds good at first glance raising its dividend by 12% to nineteen cent quarterly payout.
Starting in January.
Vs December which is not good news.
Because now that doesn't avoid the fiscal flat -- likely higher taxes you pay.
In the new year.
We should note is that they raised the dividend the way they're doing -- -- in a different tax bracket as well.
With this so that's also not a piece of good news they did authorize the company buy back another ten billion shares that ultimately.
Going along with their -- to try to buy back all the additional shares they issued.
Back in 2008 nor -- raise additional cash that's the latest here on the floor of the New York Stock Exchange Bill Clinton.
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