GM Declares $59.4M Dividend On Preferred Stock
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General Motors has dished out another quarterly dividend on its Series B mandatory convertible junior preferred stock worth $.59375 per share and a total of $59.4 million. The dividend is payable December 1 to all Series B holders as of November 15, 2011.
Considering the relatively low trading price of GM’s stock these days, you might as well purchase a few shares.
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