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Minggu, 08 Juni 2014

When Did General Motors Start Selling Stock?

General Motors has been a publicly traded company since 1916. GM has historically paid dividends on its stock but has only experienced very rare splits. For most of 2009, GM traded at a very low level because of concerns over bankruptcy.

IPO

    General Motors first was listed on the New York Stock Exchange on December 20, 1916.

Index Listings

    GM is a component of numerous indexes, most notably the Dow Jones Industrial Average and the S&P 500.

Splits and Adjustments

    GM has had three stock splits since 1950, including a 2-for-1 split in October 1950, a 3-for-1 split in September 1955 and a 2-for-1 split in March 1989. The company has also adjusted its stock after spinning off subsidies such as Hughes and Delphi.

Historical Dividends

    GM previously paid a dividend on its common stock. The last dividend was $0.25, paid out in May 2008. As of May 2009, GM does not pay a dividend on its stock.

Historical Performance

    GM has performed poorly recently. As of May 2009, the stock has consistently been close to its 75-year low, split adjusted.

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