OTHER NEWS - Nov. 5, 1991
From Times Staff and Wire Reports
GM to Maintain Stock Dividend: Despite slumping sales, General Motors Corp. pleased stockholders by announcing that it would maintain its 40-cent-a-share quarterly stock dividend. GM’s board declared a regular common stock dividend through the third quarter, payable Dec. 10. The decision by the nation’s No. 1 auto maker was viewed by analysts as a sign that GM sees a recovery in sight. GM also maintained its dividend on Class E common stock at 16 cents a share and Class H common stock, which represents the GM Hughes Electronics unit, at 18 cents a share.
