General Motors Company (GM) raised its dividend rate by 20% to $0.18 per share quarterly, with an annual dividend yield of 0.86%. The company also approved a $6 billion share repurchase program, potentially improving EPS by 8.6%. Following the earnings beat, 10 firms increased their target price on GM, with a median target price of $100 and 32% “Buy” rating from analysts. GM is a leading automobile designer, manufacturer, and seller based in Detroit, Michigan. While GM shows investment potential, certain AI stocks may offer greater upside potential and less downside risk.

Read more at Yahoo Finance: General Motors Company (GM) Raises Its Dividend Rate by 20%