General Motors Company (GM) to Issue Quarterly Dividend of $0.18 on June 18th

General Motors Company (NYSE:GM) (TSE:GMM.U) declared a quarterly dividend on Monday, April 27th. Shareholders of record on Friday, June 5th will be paid a dividend of 0.18 per share by the auto manufacturer on Thursday, June 18th. This represents a c) dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Friday, June 5th.

General Motors has increased its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 3 years. General Motors has a payout ratio of 7.7% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect General Motors to earn $14.20 per share next year, which means the company should continue to be able to cover its $0.72 annual dividend with an expected future payout ratio of 5.1%.

General Motors Stock Performance

NYSE GM opened at $81.87 on Wednesday. The firm has a market cap of $73.82 billion, a P/E ratio of 33.01, a price-to-earnings-growth ratio of 0.42 and a beta of 1.30. The company has a quick ratio of 0.99, a current ratio of 1.15 and a debt-to-equity ratio of 1.41. The company’s 50 day moving average is $77.11 and its 200-day moving average is $78.20. General Motors has a 12-month low of $46.81 and a 12-month high of $87.62.

General Motors (NYSE:GM) (TSE:GMM.U) last released its quarterly earnings data on Tuesday, April 28th. The auto manufacturer reported $3.70 EPS for the quarter, topping the consensus estimate of $2.61 by $1.09. General Motors had a net margin of 1.38% and a return on equity of 16.68%. The company had revenue of $43.62 billion during the quarter, compared to the consensus estimate of $43.51 billion. During the same period last year, the firm earned $2.78 EPS. General Motors’s revenue for the quarter was down .9% on a year-over-year basis. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. Sell-side analysts predict that General Motors will post 12.85 earnings per share for the current year.

Insider Buying and Selling at General Motors

In other news, EVP Rory Harvey sold 9,124 shares of General Motors stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $84.97, for a total transaction of $775,266.28. Following the completion of the sale, the executive vice president owned 37,395 shares in the company, valued at approximately $3,177,453.15. This trade represents a 19.61% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Mary T. Barra sold 23,000 shares of the business’s stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $85.00, for a total value of $1,955,000.00. Following the transaction, the chief executive officer directly owned 592,242 shares of the company’s stock, valued at $50,340,570. The trade was a 3.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 577,567 shares of company stock valued at $47,557,888 in the last 90 days. Corporate insiders own 0.54% of the company’s stock.

Institutional Trading of General Motors

Institutional investors and hedge funds have recently made changes to their positions in the stock. Laurel Wealth Advisors LLC bought a new position in General Motors in the fourth quarter valued at $25,000. Evergreen Advisors LLC bought a new stake in General Motors during the first quarter worth about $26,000. Elevation Wealth Partners LLC boosted its holdings in shares of General Motors by 500.0% in the 4th quarter. Elevation Wealth Partners LLC now owns 330 shares of the auto manufacturer’s stock worth $27,000 after purchasing an additional 275 shares in the last quarter. SouthState Bank Corp increased its position in shares of General Motors by 101.7% during the 4th quarter. SouthState Bank Corp now owns 351 shares of the auto manufacturer’s stock valued at $29,000 after purchasing an additional 177 shares during the last quarter. Finally, Kelleher Financial Advisors purchased a new position in shares of General Motors during the 3rd quarter valued at about $29,000. Hedge funds and other institutional investors own 92.67% of the company’s stock.

About General Motors

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.