General Motors reinstates dividend suspended in pandemic

Japan Today | Aug 19, 2022 at 9:10 PM
  • General Motors will reinstate quarterly dividend payments that were suspended during the pandemic that shut down its factories.
  • GM canceled its quarterly dividend in April 2020 as COVID-19 spread unchecked in the U.S. and manufacturing in the U.S. screeched to a near halt.
  • The last time the Detroit automaker suspended dividend payments was in 2008 during the nation’s worst economic downturn since the Great Depression.