GM declares quarterly dividend
Rhea-AI Summary
General Motors (NYSE: GM) has announced its Board of Directors' declaration of a quarterly cash dividend of $0.12 per share on the company's outstanding common stock. The dividend will be payable on March 20, 2025, to stockholders of record at the close of trading on March 7, 2025.
The company continues its focus on driving transportation's future through advanced technology, developing safer, smarter, and lower emission vehicles. GM's portfolio includes both innovative gasoline-powered vehicles and electric vehicles across its Buick, Cadillac, Chevrolet, and GMC brands, as part of its transition towards an all-electric future.
Positive
- Maintained quarterly dividend payment of $0.12 per share
- Demonstrates financial stability and commitment to shareholder returns
- Continues progress in both traditional and EV market segments
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, GM declined 8.89%, reflecting a notable negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
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-302360925.html
SOURCE General Motors