GM (GM) authorized the reinstatement of a quarterly cash dividend, to resume opportunistic share repurchases
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Morgan Stanley Comments on General Motors (GM) Reinstating the Dividend/Buybacks
August 22, 2022 10:11 AM EDTMorgan Stanley analyst Adam Jonas reiterated an Equalweight rating and $42.00 price target on General Motors (NYSE: GM).
The analyst comments "GMs stock reacted positively to the announcement of restoring a dividend and resuming buybacks, driving one of the stocks strongest single-day... More
General Motors (GM) Gains After Reinstating Quarterly Dividend
August 19, 2022 11:27 AM EDTGeneral Motors (NYSE: GM) said Friday that it has authorized the reinstatement of its quarterly cash dividend at a rate of $0.09 per share.
The company initially suspended its quarterly dividend in April of 2020 in response to the Covid-19 pandemic and the expected... More
General Motors (GM) Declares $0.09 Quarterly Dividend; 0.9% Yield
August 19, 2022 8:03 AM EDTGeneral Motors (NYSE: GM) declared a quarterly dividend of $0.09 per share, or $0.36 annualized.
The dividend will be payable on September 15, 2022, to stockholders of record on August 31, 2022, with an ex-dividend date of August 30, 2022.
The annual yield on the dividend is 0.9 percent.
For a... More
