GM Declares Quarterly Dividend
General Motors Co. (NYSE: GM) has declared a fourth quarter 2022 cash dividend of $0.09 per share, payable on December 15, 2022.
Rhea-AI Summary
General Motors Co. (NYSE: GM) has declared a fourth quarter 2022 cash dividend of $0.09 per share, payable on December 15, 2022. Shareholders of record as of December 2, 2022 will receive the dividend. This announcement underscores GM's commitment to returning value to its investors while advancing its all-electric future strategy, leveraging the Ultium battery platform for diverse vehicle offerings.
Positive
- Declared a fourth quarter cash dividend of $0.09 per share.
- Dividend payment date set for December 15, 2022.
Negative
- None.
Details
News Market Reaction – GM
The recorded move for GM in the trading session of this news was +3.61%.
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DETROIT, Oct. 24, 2022 /PRNewswire/ -- General Motors Co. (NYSE: GM) announced today that its Board of Directors has declared a fourth quarter 2022 cash dividend on the company's outstanding common stock of
General Motors (NYSE:GM) is a global company focused on advancing an all-electric future that is inclusive and accessible to all. At the heart of this strategy is the Ultium battery platform, which will power everything from mass-market to high-performance vehicles. General Motors, its subsidiaries and its joint venture entities sell vehicles under the Chevrolet, Buick, GMC, Cadillac, Baojun and Wuling brands. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety and security services, can be found at https://www.gm.com.
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SOURCE General Motors Co.
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