GM Declares First Quarter 2018 Dividend6
General Motors has declared a first quarter 2018 dividend of 38 cents per share on company’s outstanding common stock.
The Q1 2018 dividend is payable Friday, March 23rd, 2018 to all common stockholders of record at the close of business on Friday, March 9th, 2018.
Last week, the automaker announced Q4 2017 earnings headlined by earnings before interest and taxed-adjusted of $3.1 billion, an increase of 18.7 percent.
See more information and news about General Motors earnings.
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GM, buy back your stock and become private. Public funding is never worth diluting managerial control.
Ford is majority heals by the Family and it is not doing all that well.
To be honest GM has a large chunk held by the UAW and it has helped make them more cooperative in making GM more profitable. Kind of like profit sharing.
I agree with the “profit sharing” idea. I worked at a phone company that did this, and all the union employees were more cooperative, watching over each other since lazy employees (union or management) was bad for the company, and reduced those profits.
My response to that is they don’t own 100% of it, that’s why.
Alex, Isn’t this technically a Q4 dividend PAYABLE in Q1, rather than a Q1 dividend? Q1 earnings don’t finish until 31 March.
Yes, but in this instance, GM is naming the dividends after when they’re payable… rather than the time frame during which it was announced, plus the “time of holding” date for the security (payable to holders as of Friday, March 9th, 2018).