SLIDESHOW: Top 10 Cheap Dividend Stocks
By Dividend Channel Staff, updated Sat, May 4, 3:21 AM
This Slide: #2 of 10 |
#9. General Motors
Trading Symbol
GM
Recent Price
44.86
Dividend Yield
1.07%
TTM Earnings
8.05
PE Ratio (TTM)
5.6
Market Cap
51.2B
#9. General Motors
Trading Symbol
GM
Recent Price
44.86
Dividend Yield
1.07%
TTM Earnings
8.05
PE Ratio (TTM)
5.6
Market Cap
51.2B
General Motors designs, builds and sells trucks, crossovers, cars and automobile parts and provides software-enabled services and subscriptions worldwide. Co.'s automotive segments include: GM North America and GM International. Cruise is Co.'s global segment responsible for the development and commercialization of autonomous vehicle technology. Co. provides automotive financing services through its subsidiary, General Motors Financial Company, Inc. (GM Financial) segment. GM Financial provides retail loan and lease lending across the credit spectrum. Additionally, GM Financial provides commercial lending products to dealers including floorplan financing and dealer loans. More details about General Motors at: http://www.gm.com.
View GM's Dividend History » ETFs holding GM »
Should General Motors shares be counted among the Top 10 Cheap Dividend Stocks label? To start, we see that the recent trading price for GM stock is $44.86 and the dividend yield is 1.07% (as of 5/3/2024). The most recent quarter's (MRQ) earnings result, annualized, was $10.48/share. Looking at the sum total of quarterly earnings across the trailing twelve month (TTM) period, General Motors produced $8.05/share. And taking the median quarterly result across the TTM period, and annualizing it, results in $8.4/share. Comparing the current indicated annual dividend rate of $0.48 against that median result, we calculate a dividend payout ratio of 5.7%. Comparing the company's various earnings metrics against the stock price, we end up with a PE ratio of 5.3 for the TTM Median method, 4.3 for price to earnings using MRQ annualized, and 5.6 for current price/TTM earnings. Based on GM's history, that recent TTM PE is low relative to the historical average, with the recent PE 26.3% lower than the average (TTM method) of 7.6.
Should General Motors shares be counted among the Top 10 Cheap Dividend Stocks label? To start, we see that the recent trading price for GM stock is $44.86 and the dividend yield is 1.07% (as of 5/3/2024). The most recent quarter's (MRQ) earnings result, annualized, was $10.48/share. Looking at the sum total of quarterly earnings across the trailing twelve month (TTM) period, General Motors produced $8.05/share. And taking the median quarterly result across the TTM period, and annualizing it, results in $8.4/share. Comparing the current indicated annual dividend rate of $0.48 against that median result, we calculate a dividend payout ratio of 5.7%. Comparing the company's various earnings metrics against the stock price, we end up with a PE ratio of 5.3 for the TTM Median method, 4.3 for price to earnings using MRQ annualized, and 5.6 for current price/TTM earnings. Based on GM's history, that recent TTM PE is low relative to the historical average, with the recent PE 26.3% lower than the average (TTM method) of 7.6.
GM Next Dividend Date » (Projection based upon history) GM Dividend Growth Rate » Quotes delayed 20 minutes |
Buy (3.14 out of 4) 41st percentile
(ranked lower than approx. 59% of all stocks covered)
Analysts' Target Price: GM Forecast Based on data provided by Zacks Investment Research via Quandl.com |
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