GM (GM) Announces $0.59375/Share Dividend on Preferred Stocks
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Price: $42.44 -0.05%
Overall Analyst Rating:
BUY (
Down)
Dividend Yield: 1.2%
Revenue Growth %: +1.9%
Overall Analyst Rating:
BUY (
Down)Dividend Yield: 1.2%
Revenue Growth %: +1.9%
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General Motors Co. (NYSE: GM) today announced that its Board of Directors has approved a quarterly dividend of $0.59375 per share on its Series B mandatory convertible junior preferred stock.
The dividend is payable Sept. 1, 2011 to Series B holders of record as of Aug. 15, 2011. The dividend is cumulative. The total amount of the dividend is approximately $59.4 million.
The dividend is payable Sept. 1, 2011 to Series B holders of record as of Aug. 15, 2011. The dividend is cumulative. The total amount of the dividend is approximately $59.4 million.
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