Does GM pay a dividend?

General Motors started paying dividends in FY14 at $1.2 per share, which subsequently reached $1.52 per share ($0.38 per quarter) in FY16, and the dividend lasted until the first quarter of 2020 before GM suspended the payments due to COVID-19.

Is GM paying dividends in 2021?

General Motors (NYSE: GM) does not pay a dividend.

How much does GM pay in dividends?

GM Dividend History

Ex/EFF DATE TYPE CASH AMOUNT
09/05/2019 CASH $0.38
06/06/2019 CASH $0.38
03/07/2019 CASH $0.38
12/06/2018 CASH $0.38

When did GM stop paying dividends?

General Motors Co., which suspended its dividend in April 2020, has yet to reinstate the payout, despite CEO Mary Barra saying last November that the company expects to resume dividends “around mid-2021.” When asked again about the dividend plan in an earnings call in February, Barra said she would defer comments on it …

Is GM a good stock to buy?

General Motors Company – Hold

Valuation metrics show that General Motors Company may be undervalued. Its Value Score of A indicates it would be a good pick for value investors. The financial health and growth prospects of GM, demonstrate its potential to outperform the market. It currently has a Growth Score of C.

IT IS INTERESTING:  Your question: How should I invest my retirement money?

What is Tesla’s dividend?

Tesla (NASDAQ: TSLA) does not pay a dividend.

Why is GM not paying a dividend?

General Motors Dividend History

General Motors started paying dividends in FY14 at $1.2 per share, which subsequently reached $1.52 per share ($0.38 per quarter) in FY16, and the dividend lasted until the first quarter of 2020 before GM suspended the payments due to COVID-19.

Why is Ford not paying dividends?

Ford was quick to cut the dividend to shore up cash as the coronavirus pandemic caused the automaker to shutter plants and dealerships last year to stop the spread of Covid. General Motors, which cut its dividend a month after Ford, has not reinstated its dividend.

How often does GM stock pay dividends?

There are typically 2 dividends per year (excluding specials), and the dividend cover is approximately 4.8.

Is GM stock going to recover?

GM stock has risen by 78% since the end of 2018 compared to the S&P500 which has increased by 57% in the same period. In 2021 we expect revenue to recover marginally while earnings are expected to recover after a fall in 2020 with the impact of Covid-19.

Is General Motors going out of business?

General Motors filed for bankruptcy early Monday, marking the end of an era for GM, as the troubled automaker now represents the largest bankruptcy in history. … Even the $19.4 billion in federal aid was not enough to keep the automaker out of bankruptcy court.

Will GM reinstate dividend?

“The prospect of continued strong earnings and free cash flow even as we invest for growth naturally raises questions about resuming a common stock dividend. As we move forward, we will consider all opportunities to return excess capital to shareholders, but we will not reinstate a dividend at this time.

IT IS INTERESTING:  Best answer: Which is the cheapest share to buy?