General Motors paid a total dividend of 2,321 million USD last year, for a market capitalization of 55,903 millions.
Dividend per share of General Motors is 1.52 USD, and his stock market price 36.61 USD.
According to the chart, where dividend yield is displayed, General Motors has a dividend yield of 4.15%, which is higher than the amount offered by both the market average and companies from USA. It is also bigger than average of Consumer Goods industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.
About the ability of General Motors to maintain his current dividend of USD 1.52 per share, an amount that accounts for 4.15%, we should study its payout ratio both on earnings and on cash-flows (see chart below). General Motors payout on ernings is currently 23.24%, which is lower than the market average and companies of Consumer Goods industry, which are 40.24% and 37.56% respectively. Both figures lead us to believe that there is confidence that General Motorscan maintain his current dividend.
The payout on earnings should be complemented with the payout on cash flow since it is this latter amount the one which can be distributed to shareholders. Cash flow per share of General Motors is USD 7.79 per share, which is higher than the dividend per share paid by the company of USD 1.52, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of General Motors, compared againt world market average, USA companies, Consumer Goods industry and Automobiles and Parts sector companies. You might also need to check full financial report of General Motors.
Generali. Italy. Financials.Genmab. Denmark. Health Care.Gentera SAB de CV. Mexico. Financials.Gentex Corp. USA. Consumer Goods.Genting. Malaysia. Consumer Services.Genting Malaysia BHD. Malaysia. Consumer Services.
General Mills. USA. Consumer Goods.GGP Inc. USA. Financials.General Electric. USA. Industrials.General Dynamics Cp. USA. Industrials.Gemalto NV. Netherlands. Technology.Geely Automobile Hol. China. Consumer Goods.
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