Seeking Alpha

GM close to reinstating dividend

  • General Motors (GM) is "the closest it has been" to issuing its first dividend since the financial crisis in mid-2008, CFO Dan Ammann said yesterday, ahead of the Detroit Auto Show.
  • "It's clear to us that investors are anticipating a dividend," said Ammann, who was speaking at the unveiling of the GMC Canyon mid-sized pick-up truck.
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Comments (3)
  • omarbradley
    , contributor
    Comments (966) | Send Message
     
    they do have a product in a segment currently operated by...no one. now we'll see if they can charge 50,000 bucks for each one and make it work. i'm skeptical. i think Ford and South Korea are taking are far more challenging yet rewarding walk down the "innovation trail" which says to me "pricing" can be more...fungible.
    13 Jan 2014, 02:31 AM Reply Like
  • vick4717
    , contributor
    Comments (104) | Send Message
     
    I like what GM is offering the public and they have or are going to introduce over 30 new models. I bought their stock last week with the hope they will start paying a dividend again.
    13 Jan 2014, 09:17 AM Reply Like
  • paulmayhue@att.net
    , contributor
    Comments (6) | Send Message
     
    The xenophobia that is played between GM and Ford should stop, they are both high quality companies.
    13 Jan 2014, 01:17 PM Reply Like
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