General Motors Co. has announced a significant move in its financial strategy, revealing that its Board of Directors has approved a cash dividend for the second quarter of 2024. The dividend, set at $0.12 per share, underscores the company’s commitment to delivering value to its shareholders. This dividend is slated for payment on June 20, 2024, to all common shareholders of record as of the market’s close on June 7, 2024.
The announcement comes amidst General Motors’ steadfast dedication to shaping an all-electric future that is both inclusive and accessible to all. Central to this transformative vision is the Ultium battery platform, poised to propel a diverse range of vehicles, spanning from mass-market offerings to high-performance models. With a focus on innovation and sustainability, General Motors is positioning itself as a leader in the electric vehicle (EV) revolution.
General Motors, a global powerhouse in the automotive industry, operates under a portfolio of renowned brands including Chevrolet, Buick, GMC, Cadillac, Baojun, and Wuling. Through its subsidiaries and joint ventures, the company caters to a diverse array of markets, catering to the evolving needs and preferences of customers worldwide.
Notably, General Motors’ commitment to safety and connectivity extends beyond its vehicle lineup. The company’s subsidiary, OnStar, stands as a global leader in safety services and connected vehicle technology, enhancing the driving experience while prioritizing the well-being of drivers and passengers alike.
As General Motors continues to chart a course towards an electrified future, shareholders and stakeholders alike can anticipate further developments aimed at driving sustainable growth and innovation within the automotive landscape.
