America Has New Type of Money, Making Some Rich...Should You Get It?

One of America's most controversial CEOs says, "A new form of money in America is making some people (including Elon Musk, Jeff Bezos, and 17 of America's 25 wealthiest individuals), rich. It has nothing to do with gold, bitcoin, or anything like that, but it's 100% legal. The problem? Few Americans have a real understanding of how it works.

General Motors Company
NYSE:GM
$46.51
Open 46.98 Prev Close 46.71
High 47.07 Low 46.28
Volume 0 Volume (Avg) 13,678,149
52 Week High 62.24 52 Week Low 17.23
Market Cap 85.4B PE Ratio 5.02

General

NameGeneral Motors Company
TickerGM
ExchangeNYSE
SectorConsumer Cyclical
IndustryAuto Manufacturers
CurrencyUSD
CountryUSA
Fiscal Year EndDecember
Full Time Employees155,000

About General Motors Company

General Motors Company designs, builds, and sells cars, trucks, crossovers, and automobile parts worldwide. The company operates through GM North America, GM International, Cruise, and GM Financial segments. It markets its vehicles primarily under the Buick, Cadillac, Chevrolet, GMC, Holden, Baojun, and Wuling brand names. The company also sells trucks, crossovers, and cars to dealers for consumer retail sales, as well as to fleet customers, including daily rental car companies, commercial fleet customers, leasing companies, and governments. In addition, it offers safety and security services for retail and fleet customers, including automatic crash response, emergency services, roadside assistance, crisis assist, stolen vehicle assistance, and turn-by-turn navigation, as well as connected services comprising mobile applications for owners to remotely control their vehicles and electric vehicle owners to locate charging stations, on-demand vehicle diagnostics, smart driver, marketplace in-vehicle commerce, connected navigation, SiriusXM with 360L, and 4G LTE wireless connectivity. Further, the company provides automotive financing services; and operates an online store. General Motors Company was founded in 1908 and is headquartered in Detroit, Michigan.

Highlights

Analyst Target63.81
Market Cap85,402,730,496
PE Ratio5.02
PEG Ratio1.11
EBITDA13,653,000,192

Valuation

Trailing PE13.69
Forward PE11.40
Price/Sales (Trailing 12 Mt.)0.71
Price/Book (Most Recent Quarter)1.92

Technicals

Beta1.36
52 Week High62.24
52 Week Low17.23
50 Day Average53.83
200 Day Average42.49

Dividend

General Motors Company pays out a dividend of $0.38 per share, with a dividend yield of 0.90%.

GM's last dividend payment was made to shareholders on March 20, 2020.

They pay out 8.78% of their earnings out as a dividend.

Recent Dividends

Jun 20, 2024$0.12
Mar 14, 2024$0.12
Dec 14, 2023$0.09
Sep 14, 2023$0.09
Jun 15, 2023$0.09
Mar 16, 2023$0.09
Dec 15, 2022$0.09
Sep 15, 2022$0.09
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