General Motors Company (NYSE:GM) is included among the 11 Cheap Quarterly Dividend Stocks to Buy Right Now.
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General Motors Company (NYSE:GM) is a global automaker that designs, builds, and sells vehicles under brands like Chevrolet, GMC, Cadillac, and Buick. Alongside its core gas-powered models, it is investing substantially in electric vehicles and driver-assistance technologies. The company also operates GM Financial, which provides auto financing services.
In recent years, General Motors Company (NYSE:GM) has leaned heavily on share repurchases, with its stock trading at just eight times earnings. The automaker has consistently funneled strong free cash flow into buybacks, convinced its shares are undervalued. This approach has helped cut down its share count and lift earnings per share.
In addition, General Motors Company (NYSE:GM) is also returning value to shareholders through dividends. The company has paid uninterrupted dividends to shareholders since 2014. Currently, it offers a quarterly dividend of $0.15 per share and has a dividend yield of 1.02%, as of September 23.
While we acknowledge the potential of GM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Disclosure: None.