GM declares quarterly dividend
Rhea-AI Summary
General Motors (NYSE: GM) has announced a fourth-quarter 2024 cash dividend of $0.12 per share on its outstanding common stock. The dividend will be payable on December 19, 2024, to all common shareholders of record as of the close of trading on December 6, 2024.
GM is positioning itself as a leader in the future of transportation, focusing on advanced technology to create safer, smarter, and lower emission vehicles. The company's portfolio includes both innovative gasoline-powered vehicles and a wide range of electric vehicles (EVs) across its Buick, Cadillac, Chevrolet, and GMC brands, as it transitions towards an all-electric future.
Positive
- Consistent dividend payment indicates financial stability
- Commitment to shareholder returns through dividend distribution
- Diversified portfolio of both gasoline and electric vehicles
- Strategic focus on advanced technology and lower emission vehicles
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, GM gained 9.81%, reflecting a notable positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Dec. 6, 2024.
General Motors (NYSE:GM) is driving the future of transportation, leveraging advanced technology to build safer, smarter, and lower emission cars, trucks, and SUVs. GM's Buick, Cadillac, Chevrolet, and GMC brands offer a broad portfolio of innovative gasoline-powered vehicles and the industry's widest range of EVs, as we move to an all-electric future. Learn more at GM.com.
View original content:https://www.prnewswire.com/news-releases/gm-declares-quarterly-dividend-302282197.html
SOURCE General Motors Company
FAQ
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