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GENERAL MOTORS DECLARES DIVIDEND ON DEPOSITARY SHARES

 GENERAL MOTORS DECLARES DIVIDEND ON DEPOSITARY SHARES
 NEW YORK, March 2 /PRNewswire/ -- The General Motors (NYSE: GM)


Board of Directors declared a dividend of $0.379167 per share on GM's newly-issued Series C Depositary Shares to be payable May 1, 1992, to stockholders of record on April 6, 1992.
 The initial Depositary Share dividend has been prorated to cover that portion of the 1992 first quarter that commenced with the Feb. 19 issue date and extended through the March 31 close of the period. The Series C Depositary Share dividend has been fixed at an annual rate of $3.25 per share. Future payments will be made quarterly beginning in August 1992.
 -0- 3/2/92
 /CONTACT: William B. Winters of General Motors, 212-418-6380/
 (GM) CO: General Motors Corporation ST: New York IN: AUT SU: DIV


KD -- NY072 -- 4090 03/02/92 15:05 EST
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Mar 2, 1992
Words:145
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