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GENERAL MOTORS ANNOUNCES DIVIDEND

 GENERAL MOTORS ANNOUNCES DIVIDEND
 NEW YORK, Aug. 10 /PRNewswire/ -- The General Motors (NYSE: GM)


board of directors declared dividends of $0.40 per share on GM's $1-2/3 par value common stock, $0.09 per share on Class E common stock and $0.18 per share on Class H common stock. Dividends on all three common stocks are payable Sept. 10, 1992 to holders of record Aug. 20, 1992.
 Each common stock dividend represents a continuation of the current rate: the quarterly rate on $1-2/3 par value common stock was established in the first quarter of 1991; the rate for Class E common stock was set in the first quarter of 1992, when the stock was split two-for-one in the form of a 100 percent stock dividend; and the rate for Class H common stock has been in effect since the first quarter of 1989.
 The board also approved quarterly dividends of $0.36 per share on Series E-III and Series H-III preference stocks. These dividends are also payable Sept. 10, 1992 to holders of record Aug. 20, 1992.
 In addition, the board declared quarterly dividends of $1.25 per share on $5.00 series preferred stock; $0.9375 per share on $3.75 series preferred stock; $0.570313 per Series B depositary share; $0.8125 per Series C depositary share; and $0.715 per share on Series E-I and E-II preference stock. The initial dividend on Series D preference stock was apportioned from the July 20 issue date through the close of the calendar quarter, and will amount to $0.3905 per depositary share. Dividends on all of these stocks are payable Nov. 1, 1992 to stockholders of record on Oct. 5, 1992.
 Holders of GM's preference equity redemption cumulative stock (PERCS) will receive $0.8275 per share on Sept. 1, 1992. That dividend will be paid to holders of record on Aug. 20, 1992.
 -0- 8/10/92
 /CONTACT: Bill Winters, 212-418-6380, or William B. Winters, 212-418-6380, both of General Motors/
 (GM) CO: General Motors ST: New York IN: AUT SU: DIV


SB -- NY061 -- 8621 08/10/92 15:36 EDT
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Publication:PR Newswire
Date:Aug 10, 1992
Words:354
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