My journey of becoming financial independence by 35 years old
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?