GM Declares Quarterly Dividend

Rhea-AI Summary

General Motors Co. (NYSE: GM) has announced a third-quarter 2024 cash dividend of $0.12 per share on its outstanding common stock. The dividend is payable on September 19, 2024, to shareholders of record as of the close of trading on September 6, 2024. This announcement reflects GM's commitment to returning value to its shareholders.

GM is a global company focused on advancing an all-electric future, with its Ultium battery platform at the core of its strategy. The company sells vehicles under various brands including Chevrolet, Buick, GMC, Cadillac, Baojun, and Wuling. GM's portfolio also includes OnStar, a leader in connected vehicle technology and safety services.

Positive

• Consistent dividend payment of $0.12 per share
• Commitment to shareholder value through regular dividends
• Strategic focus on all-electric future with Ultium battery platform
• Diverse brand portfolio spanning multiple market segments

Negative

• None.

DETROIT, July 22, 2024 /PRNewswire/ -- General Motors Co. (NYSE: GM) announced today that its Board of Directors has declared a third-quarter 2024 cash dividend on the company's outstanding common stock of $0.12 per share payable Sept. 19, 2024, to all common shareholders of record as of the close of trading on Sept. 6, 2024.

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 safety services and connected vehicle technology, can be found at https://www.gm.com. 

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SOURCE General Motors Company

FAQ

What is the amount of GM's Q3 2024 dividend?

General Motors (GM) has declared a quarterly dividend of $0.12 per share for the third quarter of 2024.

When will GM pay its Q3 2024 dividend?

GM will pay its third-quarter 2024 dividend on September 19, 2024, to shareholders of record as of September 6, 2024.

What is the record date for GM's Q3 2024 dividend?

The record date for GM's third-quarter 2024 dividend is September 6, 2024, at the close of trading.

How does GM's Ultium battery platform fit into its strategy?

GM's Ultium battery platform is at the heart of its strategy to advance an all-electric future, powering a range of vehicles from mass-market to high-performance models.