GM Announces Return of Capital to Shareholders

September 07, 2022

GM Announces Return of Capital to ShareholdersBackDETROIT – General Motors Co. (NYSE: GM) announced today that its Board of Directors has authorized the reinstatement of a quarterly cash dividend on the company’s outstanding common stock at a rate of $0.09 per share. The first dividend will be paid on Sept. 15, 2022, to shareholders of record as of the close of business on Aug. 31, 2022. GM suspended its quarterly dividend in April of 2020 in response to uncertainty driven by the global coronavirus pandemic. Cautionary Note on Forward-Looking Statements: This press release contains forward-looking statements that represent our current judgment about possible future events. We caution readers not to place undue reliance on forward-looking statements.

The source of this news is from General Motor