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GM Hikes Quarterly Dividend to 36 Cents

General Motors Co. will pay a second-quarter dividend of 36 cents per share, up from the 30-cent dividend in the first quarter of 2015.
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General Motors Co. will pay a second-quarter dividend of 36 cents per share, up from the 30-cent dividend in the first quarter of 2015.

GM said in February it intended to hike the payout, a signal the company expects car sales to continue to grow. Analysts estimate market volume in the U.S. will grow about 3% to 17 million units this year and continue strong through at least the next two years.

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