General Motors Company (NYSE:GM) to Issue Dividend Increase – $0.18 Per Share

General Motors Company (NYSE:GM) (TSE:GMM.U) declared a quarterly dividend on Tuesday, January 27th. Investors of record on Friday, March 6th will be paid a dividend of 0.18 per share by the auto manufacturer on Thursday, March 19th. This represents a c) annualized dividend and a yield of 0.8%. The ex-dividend date is Friday, March 6th. This is a 20.0% increase from General Motors’s previous quarterly dividend of $0.15.

General Motors has decreased its dividend payment by an average of 0.2%annually over the last three years and has increased its dividend every year for the last 3 years. General Motors has a payout ratio of 6.5% indicating that its dividend is sufficiently covered by earnings. Research analysts expect General Motors to earn $11.82 per share next year, which means the company should continue to be able to cover its $0.60 annual dividend with an expected future payout ratio of 5.1%.

General Motors Stock Down 1.5%

General Motors stock opened at $85.09 on Wednesday. General Motors has a twelve month low of $41.60 and a twelve month high of $87.31. The business has a fifty day moving average of $79.17 and a two-hundred day moving average of $66.37. The firm has a market cap of $79.38 billion, a P/E ratio of 17.25, a P/E/G ratio of 0.75 and a beta of 1.31. The company has a quick ratio of 1.06, a current ratio of 1.23 and a debt-to-equity ratio of 1.40.

General Motors (NYSE:GM) (TSE:GMM.U) last issued its quarterly earnings data on Tuesday, January 27th. The auto manufacturer reported $2.51 earnings per share for the quarter, beating analysts’ consensus estimates of $2.26 by $0.25. General Motors had a return on equity of 12.29% and a net margin of 1.62%.The company had revenue of $45.29 billion for the quarter, compared to the consensus estimate of $45.81 billion. During the same quarter last year, the company earned $1.92 earnings per share. The firm’s revenue for the quarter was down 5.1% compared to the same quarter last year. General Motors has set its FY 2026 guidance at 9.750-10.500 EPS. On average, analysts forecast that General Motors will post 11.44 earnings per share for the current fiscal year.

Insider Buying and Selling

In other General Motors news, CAO Christopher Hatto sold 7,724 shares of the company’s stock in a transaction dated Wednesday, November 12th. The shares were sold at an average price of $72.00, for a total value of $556,128.00. Following the transaction, the chief accounting officer directly owned 12,007 shares in the company, valued at approximately $864,504. This represents a 39.15% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.54% of the company’s stock.

Hedge Funds Weigh In On General Motors

Hedge funds have recently made changes to their positions in the business. CWM LLC lifted its holdings in General Motors by 50.8% in the 3rd quarter. CWM LLC now owns 340,858 shares of the auto manufacturer’s stock worth $20,782,000 after buying an additional 114,756 shares in the last quarter. Corient Private Wealth LLC raised its stake in General Motors by 6.2% during the second quarter. Corient Private Wealth LLC now owns 341,426 shares of the auto manufacturer’s stock valued at $16,802,000 after buying an additional 20,017 shares in the last quarter. SteelPeak Wealth LLC acquired a new position in General Motors in the third quarter worth $3,411,000. Burney Co. grew its position in shares of General Motors by 18.7% during the 3rd quarter. Burney Co. now owns 82,037 shares of the auto manufacturer’s stock valued at $5,002,000 after buying an additional 12,913 shares during the last quarter. Finally, Permanent Capital Management LP bought a new stake in shares of General Motors in the 3rd quarter worth approximately $1,102,000. Hedge funds and other institutional investors own 92.67% of the company’s stock.

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.