GM Hikes Dividend, Unveils Stock Buyback Plan
At the new 60-cent annual dividend rate, GM stock yields about 1.2%. The average dividend yield for a dividend-paying stock in the S&P 500 is about 2.3%. Ford Motor shares yield a
GM raises dividend and unveils $6 billion buyback program to cheer weary shareholders
General Motors Co.’s stock jumped 4.2% early Wednesday, after the auto giant said its board has approved a 3 cent-per-share increase in its quarterly dividend in addition to a new $6 billion share-buyback authorization.
GM announces $6B share buyback, boosts dividend
General Motors shareholders just received what they wanted only a few weeks back when the automaker posted Q4 results - cash.
GM Revs Up Share Buybacks
General Motors is looking past tariffs and other looming threats to the auto industry, as it plans to hand more cash to stockholders. GM will spend up to $6 billion on extra share repurchases while also hiking its quarterly dividend by 25%,
GM Stock Surges on Dividend Hike, $6B Buyback Plan
Key Takeaways Shares of General Motors are rising Wednesday after the automaker announced a new $6 billion stock buyback plan and raised its quarterly dividend.The automaker said it would lift its dividend to $0.
GM raises quarterly dividend, initiates $6 billion stock buyback
CNBC's Phil LeBeau joins 'Squawk Box' to report on the latest news from General Motors.
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GM to increase dividend by 25%, buy back another $6 billion of shares
General Motors said on Wednesday it would increase its quarterly dividend by 25% and undertake a new $6 billion share buyback ...
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