General Motors (GM) has announced a 25% increase in its quarterly dividend, raising it from $0.12 to $0.15 per share. This move reflects the company’s strong financial position and commitment to delivering long-term value to shareholders.
In addition to the dividend hike, GM has unveiled a new $6 billion share repurchase program. The company plans to execute a $2 billion accelerated share buyback in the second quarter, with the remaining $4 billion to be repurchased at its discretion.
GM’s leadership emphasized that these actions are part of a balanced capital allocation strategy, aiming to return excess capital to shareholders while investing in future growth areas, including electric and autonomous vehicles.
The company’s financial outlook for 2025 remains robust, with projected net income between $11.2 billion and $12.5 billion. Capital expenditures are expected to range from $10 billion to $11 billion, supporting GM’s ongoing investments in electrification and innovation.
GM’s stock responded positively to the announcement, reflecting investor confidence in the company’s strategic direction and financial health. The dividend increase and share buyback underscore GM’s commitment to enhancing shareholder value while navigating the evolving automotive landscape.
