gm stock dividend suspended
GM suspended its dividend in April 2020 in response to financial uncertainties resulting from the COVID-19 pandemic. General Motors will reinstate quarterly dividend.
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General Motors GM is suspending its quarterly cash dividend and share buybacks to shore up cash during the coronavirus pandemic.
. F in October 2021 reinstated a quarterly dividend of 10 cents a share after suspending the payout in early 2020 in the face of the pandemic just like. General Motors will reinstate quarterly. The Dividend History page provides a single page to review all of the aggregated Dividend payment information.
We provide opinion articles detailed dividend data. General Motors will reinstate. Aug 19 2022.
Back to GM Overview. GM stock which also was forced to suspend its dividend during the Great Recession put the pause on its 38-cent-per-share quarterly payout as one of several steps. In the spring of 2020 GM and other car makers suspended their quarterly dividend payments citing uncertainty around the health crisis and looking to preserve cash as they shut.
Ford suspended its quarterly dividend March 19 citing the coronavirus impact and need to preserve cash. GMs peer Ford Motor Co. The company has paid a 038-per-share dividend in each of the last eight quarters with the last payment coming in March 2020.
The improving stock price combined with progress on strategy may help the company bring back its 038 quarterly dividend which was suspended in April of 2020 as the. FILE - The logo for General Motors appears above a trading post on the floor of the New York Stock Exchange Monday April 23 2018. GM suspended its dividend in the second quarter of 2020 because of the COVID-19 pandemic.
GM stock bears a 152 annual dividend yielding 692. The quarterly dividend will be at a rate of 9 cents per share a roughly 76 reduction from the 38 cents per share when the quarterly dividend was suspended in April 2020. GM also announced it was re-instating the cash dividend the board suspended in April 2020 as the COVID-19 pandemic began to spread around the globe.
GM also announced Friday that it. At that time the rate was 38 cents per share. The logo for General Motors appears above a trading post on the floor of the New York Stock Exchange Monday April 23 2018.
Visit our Dividend Calendar. The company last suspended its dividend in July 2008 as it hurdled towards bankruptcy and an eventual federal bailout. General Motors Co GM Stock Quote and detailed dividend history including dividend dates yield company news and key financial metrics.
While GM suspending its dividend will provide. The logo for General Motors appears above a trading post on the floor of the New York Stock Exchange Monday April 23 2018.
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