General Motors Company has declared a third quarter 2016 dividend of 38 cents per share on the company’s common stock.
The third quarter dividend is payable Friday, September 23rd, 2016 to all common stockholders of record as of Friday, September 9th, 2016.
Earlier today, the automaker announced strong second quarter 2016 earnings highlighted by a $2.9 billion net income on net revenue of $42.4 billion. The results represent increases in all significant financial metrics while also setting records for the company.
Based on this strong financial performance in the first half of 2016 and its current outlook for the second half of the year, GM has increased 2016 full year Earnings Per Share (EPS) diluted-adjusted to be $5.50 – $6.00, up from the previously announced $5.25 – $5.75 range.