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Showing posts with the label General Motors

General Motors hikes dividend by 20%

General Motors hikes dividend by 20% to 18 cents quarterly in 2026. This marks the 3rd year of increases by GM.

General Motors hikes dividend by 25%

General Motors reinstates dividend

General Motors (GM) will start paying a 9 cent per share quarterly dividend in August 2022. This is the first dividend since 2020 when GM suspended its quarterly dividend in April of 2020 in response to uncertainty driven by the global coronavirus pandemic. The car maker last raised its quarterly dividend by 5.6 percent to $0.38 per share in 2020. The first dividend will be paid on Sept. 15, 2022, to shareholders of record as of the close of business on Aug. 31, 2022. The new dividend yield for GM is 0.9% at a stock price of $38.55. Previously General Motors reinstated a quarterly dividend in 2014 and had last hiked the dividend back in 2016. The company's annual dividend payment was approximately $2.2 billion prior to the dividend suspension in 2020. General Motors Company is a manufacturer of cars, trucks, crossovers and automobile parts worldwide. The company also provide automotive financing services through General Motors Financial Company, Inc. (GM Financial). General Motors ...

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