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• GE 90% Rate It

Multinational conglomerate General Electric Company ( GE ) late Tuesday caught a debt downgrade from analysts at Moody's.

The firm said it cut its senior unsecured debt rating for GE from Aa2 to Aa3. Aa3 is Moody's fourth-highest investment-grade rating.

Moody's also lowered its senior unsecured rating of GE's wholly-owned finance subsidiary GE Capital from Aa2 to A1. The analyst said it made the move because of newly-revised rating methodology as well as concerns that GE Capital must rely on funding from financial markets.

General Electric shares fell 28 cents, or -1.4%, in premarket trading Wednesday.

The Bottom Line
We have been recommending shares of General Electric ( GE ) since Dec.9, 2011, when the stock was trading at $16.80. The company has a 3.41% dividend yield, based on last night's closing stock price of $19.96.

General Electric Company ( GE ) is a "Recommended" dividend stock, holding a Dividend.com DARS™ Rating of 3.5 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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