General Motors Declares $0.18 Quarterly Dividend Payable Dec. 17

General Motors declared a quarterly dividend of $0.18 per share, keeping the payout in line with its previous dividend and scheduling payment for Dec. 17 to eligible shareholders.

The dividend is another shareholder payment for GM, which authorized a $20 billion share repurchase program after reporting its third-quarter results.

Shareholders of record Dec. 4 are eligible to receive the dividend. Dec. 4 is also the stock’s ex-dividend date.