GM board expected to face issue of dividend cut

Newswire

By Jui Chakravorty DETROIT, Jan 31 (Reuters) - When the board of General Motors Corp. next convenes, directors of the world's largest automaker will face an urgent question: Should GM cut its dividend to save cash and force stock investors to share the pain of its restructuring? GM is already under pressure from its largest individual shareholder, activist billionaire Kirk Kerkorian, to cut its $2 annual dividend in half as part of a turnaround effort that would include shedding brands ...

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