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FOR RELEASE: May 1, 2001 CONTACT(S):
GM Board Declares Quarterly Dividend
DETROIT - The General Motors Board of Directors today declared a quarterly dividend of $0.50 per share on GM $1-2/3 par value common stock. The dividend is payable June 9, 2001, to holders of record as of May 11, 2001. The dividend rate is unchanged from the previous quarter. The GM board also today declared a quarterly dividend of $8.7793 per GM Series H automatically convertible preference stock. This dividend is payable on Aug. 1, 2001, to AOL Time Warner, the sole holder of record, on July 2, 2001. |
