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

Key Points

• General Motors declared a quarterly dividend of $0.18 per share (annualized $0.72), payable June 18 to holders of record on June 5, implying a yield of about 0.9% and a low payout ratio (~7.7%) that suggests earnings comfortably cover the dividend.
• The company beat quarterly expectations with EPS of $3.70 versus a consensus $2.58, reported revenue of $43.62 billion, and set FY2026 EPS guidance of $10.62–$12.62 (street forecast ~$12.43).
• GM's board authorized a share buyback program of up to $6.0 billion (about 8.1% of shares), signaling management believes the stock may be undervalued.

General Motors Company (NYSE:GM - Get Free Report) TSE: GMM.U declared a quarterly dividend on Tuesday, April 28th. Investors of record on Friday, June 5th will be given a dividend of 0.18 per share by the auto manufacturer on Thursday, June 18th. This represents a c) annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, June 5th.

General Motors has increased its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 3 years. General Motors has a dividend payout ratio of 7.7% indicating that its dividend is sufficiently covered by earnings. Analysts expect General Motors to earn $13.83 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 5.2%.

General Motors Price Performance

GM traded up $0.90 on Tuesday, hitting $78.86. 15,038,088 shares of the stock were exchanged, compared to its average volume of 7,985,007. General Motors has a 12 month low of $44.72 and a 12 month high of $87.62. The business has a 50-day moving average of $76.78 and a two-hundred day moving average of $76.12. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.17 and a quick ratio of 1.01. The firm has a market capitalization of $71.29 billion, a price-to-earnings ratio of 26.20, a PEG ratio of 0.43 and a beta of 1.34.

General Motors (NYSE:GM - Get Free Report) TSE: GMM.U last posted its quarterly earnings data on Tuesday, April 28th. The auto manufacturer reported $3.70 earnings per share for the quarter, topping the consensus estimate of $2.58 by $1.12. General Motors had a net margin of 1.46% and a return on equity of 14.72%. The business had revenue of $43.62 billion during the quarter, compared to analysts' expectations of $43.60 billion. During the same quarter in the prior year, the business posted $2.78 earnings per share. General Motors's revenue was down .9% compared to the same quarter last year. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. Sell-side analysts forecast that General Motors will post 12.43 EPS for the current fiscal year.

General Motors announced that its board has authorized a stock buyback program on Tuesday, January 27th that permits the company to buyback $6.00 billion in shares. This buyback authorization permits the auto manufacturer to buy up to 8.1% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's leadership believes its stock is undervalued.

About General Motors

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.

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