Many of dividend growth investors are owning GE shares. I would like to hear from you regarding the decision to switch ownership from GE to Synchonying. The deal is for every $100 GE, you can exchange for $107.53 of Synchrony Financial.
At the first glance, you basically make $7.53 for every $100 of GE.
On the second glance, SF has just splitted off of GE, so many people who profited off from this deal will sell, the $7.53 could disappear every quickly.
On the third glance, GE is now paying >3% dividend, I’m not sure if I’m willing to give it up.
What do you think? What’s your decision? Are
you going to exchange?
I’m holding my GE shares.
Thank you for the input. I think so too, GE is too big of a brand name to give up!
My plan is to keep my GE shares. The only way I keep spin off shares is if they are actually given to me rather than exchanged.