Your question: Is GM dividend safe?

Is GM paying a dividend in 2021?

Unlike rival Ford Motor , General Motors has decided against reinstating its dividend despite record profitability. General Motors (ticker: GM) reported fourth-quarter earnings on Tuesday and noted that it achieved record net income of $10 billion during 2021.

Is GM going to reinstate dividends?

General Motors Co., which suspended its dividend in April 2020, has yet to reinstate the payout, despite CEO Mary Barra saying last November that the company expects to resume dividends “around mid-2021.” When asked again about the dividend plan in an earnings call in February, Barra said she would defer comments on it …

Is GM a good stock to buy 2022?

Considering Cruise’s potential value and that GM’s core business could earn a $15 billion adjusted operating profit in 2022, the shares appear extremely undervalued at this level. As a result, patient investors who buy and hold GM stock could reap big gains over the next decade.

Is GM a good buy right now?

General Motors Company – Sell

Valuation metrics show that General Motors Company may be undervalued. Its Value Score of A indicates it would be a good pick for value investors. The financial health and growth prospects of GM, demonstrate its potential to outperform the market. It currently has a Growth Score of C.

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What was GM’s last dividend?

GM Dividend History

09/07/2017 CASH $0.38
06/07/2017 CASH $0.38
03/08/2017 CASH $0.38
12/05/2016 CASH $0.38

Is GM stock undervalued?

General Motors’ stock (NYSE: GM) at the current price of $50 seems underpriced compared to Trefis’ GM’s Valuation of $69. In recently concluded FY 2021 results, the company recorded revenue of $128 billion (includes GM China), up 4% y-o-y. Meanwhile EPS was recorded at $6.70 up from $4.33 in the previous year.

Who makes more money Ford or GM?

GM is a smaller company than Ford. GM’s total revenue for 2020 was $122 billion, a 10.75% decrease from the previous year. Ford’s total revenue was $127 billion, an 18.45% decrease from the previous year.

What is GM dividend yield?

The current TTM dividend payout for General Motors (GM) as of April 19, 2022 is $0.00. The current dividend yield for General Motors as of April 19, 2022 is 0.00%.

What is Tesla’s dividend?

Historical dividend payout and yield for Tesla (TSLA) since 1971. The current TTM dividend payout for Tesla (TSLA) as of April 25, 2022 is $0.00. The current dividend yield for Tesla as of April 25, 2022 is 0.00%.

Is GM stock expected to rise?

On average, Wall Street analysts predict that GENERAL MOTORS’s share price could reach $69.73 by Apr 21, 2023. The average GENERAL MOTORS stock price prediction forecasts a potential upside of 75.12% from the current GM share price of $39.82.

Is GM profitable now?

Along with the upbeat production outlook, G.M. reported $10 billion in profit for 2021, a 55 percent increase from 2020 and its highest total ever. Its previous record year was 2015, when the company earned $9.7 billion.

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Does General Motors pay a dividend?

General Motors started paying dividends in FY14 at $1.2 per share, which subsequently reached $1.52 per share ($0.38 per quarter) in FY16, and the dividend lasted until the first quarter of 2020 before GM suspended the payments due to COVID-19.

Is GM a long-term investment?

Long-term investments can be defined as the aggregate value of debt and or equity investments with maturities or benefits lasting more than one year.

Compare GM With Other Stocks.

General Motors Annual Long-Term Investments (Millions of US $)
2021 $9,677
2020 $8,406
2019 $8,562
2018 $9,215

How much debt is GM?

Before having a look at the importance of debt, let us look at how much debt General Motors has. According to the General Motors’s most recent financial statement as reported on February 10, 2021, total debt is at $109.89 billion, with $72.98 billion in long-term debt and $36.91 billion in current debt.

Why is GM dropping?

GM Stock Falls as Analyst Raises Doubts, Cuts Rating

Shares of General Motors were falling Tuesday after the car maker caught a downgrade from Wall Street.