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Wednesday, 15 January 2014 - 12:48
General Motors to pay first dividend since 2008
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US carmaker General Motors said it will resume dividend payments, capping a remarkable turnaround since its 2009 bailout by the US government.

It will pay a dividend of 30 cents per share, the first since July 2008.

GM filed for bankruptcy at the height of the global financial crisis and was rescued after the government pumped in billions of dollars.

But the firm has since seen a strong recovery, led by a jump in sales in key markets such as the US and China.
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