|Bid||13.39 x 38500|
|Ask||13.38 x 45100|
|Day's Range||13.35 - 13.68|
|52 Week Range||5.48 - 14.42|
|Beta (5Y Monthly)||1.09|
|PE Ratio (TTM)||23.25|
|Forward Dividend & Yield||0.04 (0.30%)|
|Ex-Dividend Date||Mar 05, 2021|
|1y Target Est||N/A|
The groups are concerned with a plan that lowered the bar for Larry Culp to receive a massive payout.
The company is in a secular downtrend fundamentally, but the stock has risen with the market in this wild ride over the past 12 months.
General Electric is heading for a showdown over a $47m bonus for its chief executive Larry Culp, after the two largest shareholder advisers recommended investors vote against the pay package in protest at the decision to relax his performance targets. Rewriting the bonus plan last year after the pandemic hit GE shares was “problematic”, Institutional Shareholder Services wrote in a report circulated to investors of the industrial conglomerate this week. Glass Lewis, the second-largest US proxy adviser, said on Friday that Culp’s new bonus target “does not reflect clearly exceptional share price performance.”