General Motors Company (NYSE:GM) Updates On Dividend Release Date


On 2016-07-20, General Motors Company (NYSE:GM) confirmed the dividend disbursement of $0.38 a share to shareholders as on record 2016-09-09. The firm will release dividend on 2016-09-23 while ex-dividend date is reported to be 2016-09-07.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, General Motors Company (NYSE:GM) paid a total of $0.38 per share in dividends. This figure stood at $0.38 a share in the same period a year ago indicating a deviation of 15%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $37.166 on the stock. This figure is the average of recommendations offered by 12 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $50 and $29, respectively.

Taking the mathematical rating formula, the price for General Motors Company (NYSE:GM) stands at 2.21. Earnings Review General Motors Company (NYSE:GM) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-19. For the period ending on 2016-09-30, experts are expecting EPS of $1.42.

Coming to the quarter ending on 2015-12-31, General Motors Company (NYSE:GM) recorded EPS of $1.86. The reported numbers came lower than the analysts’ estimates of $1.52, demonstrating a miss of $0.34 as against reported figures.

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