gm stock dividend suspended

General Motors said Monday it has suspended its quarterly cash dividend on its common stock and its share buybacks to save cash in the face of the coronavirus crisis. General Motors GM 2195 announced early April 27 that it was suspending its dividend - the companys second such move in 12 years.


Will Gm Restore Its Stock Dividend This Year Nyse Gm Seeking Alpha

General Motors has suspended its dividend and halted share buybacks as part of a deal with lenders to extend a debt repayment.

. Reuters - General Motors Co said on Monday the automaker has suspended its quarterly cash dividend on its common stock and its share buybacks to save cash in the face. GM stock bears a 152 annual dividend yielding 692. GM said on Monday that it has suspended its quarterly dividend and stock-repurchase programs to conserve cash amid the coronavirus pandemic.

Neither move is shocking. GM stock which also was forced to. Ford suspended its quarterly dividend March 19 citing the coronavirus impact and need to preserve cash.

General motors co which suspended its dividend in april 2020. Today April 27 US carmaker General Motors said it was suspending its quarterly dividend and stock buybacks citing the closure of factories and auto dealerships across the. The carmaker has also suspended its dividend and buybacks to preserve cash.

The GM logo is pictured at the General Motors Assembly Plant in Ramos Arizpe April 27 2020 517 AM 1 min read Reuters - General Motors Co said on Monday the. This trading strategy invovles purchasing a stock just before the ex-dividend date in. GM announced on April 27 that it is suspending its dividend and share repurchase program and we are leaving our fair value estimate unchanged.

GM also intends to focus on reinvesting in the business at pretax returns equal to or greater than. General Motors NYSE. GM Suspends Its Dividend to Shore Up Its Balance Sheet.

Shares of General Motors Co. GM shares were marked 13 lower in early trading Monday following the dividend suspension to change hands at 2168 each a move that would extend its year-to-date decline. GM stock which also was forced to suspend its dividend.

General Motors GM 2195 announced early April 27 that it was suspending its dividend the companys second such move in 12 years. Best Dividend Capture Stocks Quickest stock price recoveries post dividend payment. GM -238 fell 11 in premarket trading Monday after the auto maker said it was suspending its dividend and stock repurchase program to help.

New york cnn business general motors is suspending its dividend and share repurchases. General Motors is suspending its cash dividend and extending its line of credit to strengthen its financial position during the coronavirus pandemic.


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