General Motors Company (NYSE:GM) Declares Quarterly Dividend of $0.18

General Motors Company (NYSE:GM) (TSE:GMM.U) declared a quarterly dividend on Monday, July 20th. Investors of record on Friday, September 4th will be given a dividend of 0.18 per share by the auto manufacturer on Thursday, September 17th. This represents a c) annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Friday, September 4th.

General Motors has raised its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 3 consecutive years. General Motors has a dividend payout ratio of 7.7% meaning its dividend is sufficiently covered by earnings. Equities analysts expect General Motors to earn $14.25 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 Up 5.1%

Shares of NYSE:GM opened at $79.67 on Wednesday. The stock’s 50-day moving average price is $78.91 and its two-hundred day moving average price is $78.83. The company has a current ratio of 1.15, a quick ratio of 0.99 and a debt-to-equity ratio of 1.41. General Motors has a 12-month low of $48.87 and a 12-month high of $87.62. The firm has a market cap of $71.84 billion, a price-to-earnings ratio of 32.13, a PEG ratio of 0.38 and a beta of 1.31.

General Motors (NYSE:GM) (TSE:GMM.U) last posted its quarterly earnings data on Tuesday, July 21st. The auto manufacturer reported $3.57 EPS for the quarter, beating analysts’ consensus estimates of $3.18 by $0.39. The company had revenue of $48.03 billion during the quarter, compared to the consensus estimate of $47.01 billion. General Motors had a net margin of 1.38% and a return on equity of 16.68%. The company’s quarterly revenue was up 1.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.53 EPS. General Motors has set its FY 2026 guidance at 12.000-14.000 EPS. On average, research analysts forecast that General Motors will post 12.88 EPS for the current year.

General Motors Company Profile

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.