General Motors Declares Dividend on Preferred Stock

DETROIT – General Motors (NYSE: GM) today announced that its Board of Directors has approved a quarterly dividend of $0.59375 per share on its Series B mandatory convertible junior preferred stock. The dividend is payable June 3, 2013 to Series B holders of record as of May 15, 2013.

DETROIT – General Motors (NYSE: GM) today announced that its Board of Directors has approved a quarterly dividend of $0.59375 per share on its Series B mandatory convertible junior preferred stock. The dividend is payable June 3, 2013 to Series B holders of record as of May 15, 2013. The dividend is cumulative. The total amount of the dividend is approximately $59.4 million.

General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets.  GM, its subsidiaries and joint venture entities sell vehicles under the Chevrolet, Cadillac, Baojun, Buick, GMC, Holden, Isuzu, Jiefang, Opel, Vauxhall and Wuling brands. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.

 

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