Thursday, May 8, 2008

FOR RELEASE: 2008-05-06 GM Announces Quarterly Dividend

DETROIT - General Motors Corp. (NYSE: GM) today announced a second-quarter dividend of $0.25 per share on GM common stock. The dividend is payable June 10, 2008, to holders of record as of May 16, 2008. The dividend is unchanged from the previous quarter.

I do not know much about stocks but I would say that $0.25 is not much. With all the strides GM has been making in going GREEN, couldn't there be more GREEN backs for the pockets of its share holders?

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