GM keeps the same dividend

For all the crisis talk around the UAW strike, particularly from leaders of Ford, one might think that American automakers and Stellantis were in danger of bankruptcy. GM’s leaders don’t seem to agree; they announced no change in their dividend, set at 9¢ per share for the last five quarters (since 8/30/2022). Stockholders as of September 1 will get the dividend, which works out to roughly a 1.2% yield.

Ford does have a much higher dividend, with a yield of 5.15%. It has issued dividends of 15¢ per share since April 2018, with the exception of a special extra dividend of 65¢ this past February.