NPR logo

GM Shareholders To Receive Dividends Again

  • Download
  • <iframe src="https://www.npr.org/player/embed/262946929/262946930" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript
GM Shareholders To Receive Dividends Again

Business

GM Shareholders To Receive Dividends Again

GM Shareholders To Receive Dividends Again

  • Download
  • <iframe src="https://www.npr.org/player/embed/262946929/262946930" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

General Motors announced this week that for the first time in nearly six years it will begin to pay cash dividends to its shareholders. GM stopped paying out dividends in 2008 as it struggled to save money through the recession, bankruptcy and a government bailout.

RENEE MONTAGNE, HOST:

NPR's business news begins with a GM comeback.

(SOUNDBITE OF MUSIC)

MONTAGNE: General Motors announced this week that for the first time in nearly six years, it will begin to pay cash dividends to its shareholders. GM stopped paying out dividends back in June of 2008, as it struggled to save money through the recession, bankruptcy and a government bailout.

This week, the automaker - which is the largest in the U.S. - approved a quarterly dividend of 30 cents per share on its common stock. The first payment is set for the end of March.

Copyright © 2014 NPR. All rights reserved. Visit our website terms of use and permissions pages at www.npr.org for further information.

NPR transcripts are created on a rush deadline by Verb8tm, Inc., an NPR contractor, and produced using a proprietary transcription process developed with NPR. This text may not be in its final form and may be updated or revised in the future. Accuracy and availability may vary. The authoritative record of NPR’s programming is the audio record.

Comments

 

Please keep your community civil. All comments must follow the NPR.org Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.