General Motors Company (NYSE:GM) Plans Dividend Increase – $0.18 Per Share

General Motors Company (NYSE:GMGet Free Report) (TSE:GMM.U) announced a quarterly dividend on Tuesday, January 27th. Shareholders of record on Friday, March 6th will be paid a dividend of 0.18 per share by the auto manufacturer on Thursday, March 19th. This represents a c) annualized dividend and a yield of 0.8%. The ex-dividend date is Friday, March 6th. This is a 20.0% increase from General Motors’s previous quarterly dividend of $0.15.

General Motors has decreased its dividend payment by an average of 0.2%per year over the last three years and has increased its dividend annually for the last 3 consecutive years. General Motors has a payout ratio of 6.5% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect General Motors to earn $11.82 per share next year, which means the company should continue to be able to cover its $0.60 annual dividend with an expected future payout ratio of 5.1%.

General Motors Stock Up 8.8%

Shares of NYSE:GM traded up $6.96 on Tuesday, reaching $86.39. The company had a trading volume of 20,285,958 shares, compared to its average volume of 9,220,299. The firm has a market capitalization of $80.59 billion, a PE ratio of 17.38, a PEG ratio of 0.76 and a beta of 1.31. The company has a current ratio of 1.23, a quick ratio of 1.06 and a debt-to-equity ratio of 1.40. General Motors has a 52-week low of $41.60 and a 52-week high of $87.31. The firm’s 50 day simple moving average is $78.80 and its 200-day simple moving average is $66.14.

General Motors (NYSE:GMGet Free Report) (TSE:GMM.U) last issued its quarterly earnings data on Tuesday, January 27th. The auto manufacturer reported $2.51 earnings per share for the quarter, beating analysts’ consensus estimates of $2.21 by $0.30. General Motors had a return on equity of 12.29% and a net margin of 1.62%.The business’s quarterly revenue was down 5.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.92 EPS. General Motors has set its FY 2026 guidance at 9.750-10.500 EPS. As a group, analysts expect that General Motors will post 11.44 earnings per share for the current fiscal year.

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General Motors Company Profile

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General Motors Company (NYSE: GM) is a global automotive manufacturer headquartered in Detroit, Michigan, that designs, builds and sells cars, trucks, crossovers and electric vehicles, and provides related parts and services. Founded in 1908, GM has long been one of the world’s largest automakers and has evolved into a multi-brand company whose primary marques include Chevrolet, GMC, Cadillac and Buick. Beyond vehicle manufacturing, GM’s operations encompass vehicle financing, connected services and advanced mobility initiatives.

GM develops and markets a broad portfolio of products and technologies, including internal-combustion and battery-electric vehicles, vehicle components and on-board connectivity services.

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Dividend History for General Motors (NYSE:GM)

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