GM eliminated its dividend in 2008 during the recession. It resumed paying a quarterly dividend of 30 cents a share in 2014. The payout stood at 38 cents a share when it was suspended in April.
Is GM still paying a dividend?
The COVID-19 pandemic led to fewer sales and earnings for companies and they resorted to dividend cuts to conserve their cash. The consumer discretionary sector was hit particularly hard. General Motors (GM) and Ford (F), the top two U.S. automakers respectively, also suspended their dividends.
Is GM paying dividends in 2021?
General Motors (NYSE: GM) does not pay a dividend.
Will GM stock go up?
GM is currently up by 3.6% today and is trading above $58 per share. Year-to-date, GM has performed excellently. It began 2021 trading at $41 per share. However, numerous changes in the company and the focus on electric vehicles have helped it rally higher and maintains its upward momentum.
How much does GM pay in dividends?
GM Dividend History
|Ex/EFF DATE||TYPE||CASH AMOUNT|
What companies pay the highest dividends?
Dividend Aristocrat Companies With the Highest Dividends
|T Rowe Price (TROW)||6.15%|
Is GM stock a buy or sell?
GM stock currently trades at only 7.5 times estimated 2022 earnings, a huge discount to the S&P 500 multiple of 20 times. … GM remains a popular stock among analysts. Only two of 23 rate shares Hold, and no one rates it Sell. More than 90% rate shares Buy.
Is Ford’s dividend safe 2020?
Ford suspended its dividend in March of 2020 in a decision that was made at the height of uncertainty regarding the coronavirus pandemic. … Ford saved about $2.4 billion in cash last year by not distributing the quarterly dividend of $0.15 per share.
Does Coca Cola stock pay dividends?
A long and strong dividend
Coca-Cola is a Dividend King, an elite appellation for a list of companies that have raised their dividends annually for more than 50 years — in Coke’s case, for 59 years. … The company keeps its dividend yield high (at the current price, it yields 2.98%).
Is Ford a good dividend stock?
The answer is that up until the COVID-19 outbreak early last year, Ford paid a very good dividend — $0.15 per quarter — and it said this past week that it plans to reinstate that dividend as soon as possible. … Because the dividend is really important to the Ford family, which still controls the company.