GM Increases 2nd Quarter Common Stock Dividend

General Motor’s Board of Directors announced a $0.36 common stock dividend for the second quarter, an increase of 20% over the $0.30 dividends paid since last year after fourth quarter results exceeded expectations. The Wall Street Journal reports that CEO Mary Barra indicated the increased dividend relates to the top management’s confidence in GM’s financial outlook.

I wonder if the financial results are in spite of the ignition switch recall, unrelated to the recall, or in part spurred by the changes to GM since the recall.

Wall Street Journal Article

GM Press Release

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aimeedars

My husband likes to tease me by telling me I must be an alien. When I worked as a faculty member in a Business school, colleagues from other disciplines liked to say, “She’s not one of them.” I choose to take these comments as compliments and attribute them to the contradictory characteristics that define me. Highly analytical and results-oriented, I also approach interactions and challenges with empathy, curiosity, and wonder. I see myriad possibilities and delight at considering how to implement them. Since they are based on a solid theoretical foundation, most of them are reasonable and effective. In brainstorming conversations, others often respond to me by saying, “I didn’t think of that.” At the same time, I enjoy learning from everyone I meet, and I want everyone leaving a conversation with me to feel like they have been heard with compassion. My hobbies include knitting, making jewelry, reading, and hanging out with my husband and dogs. I am a long-time vegan committed to social justice and animal rights.

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