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GENERAL MOTORS

BONUS AND RECORD DIVIDEND

NEW YORK. November 9

General Motors, Ltd., has voted 10,000.000 dollars as a Christmas bonus and a wage increase of 5 cents an hour, amounting to 20,000.000 dollars a vear for 200,000 employees.

The company has voted a record dividend of a dollar and a half a share on its common stock, amounting to 65,250,000 dollars.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/HOG19361111.2.26

Bibliographic details

Hokitika Guardian, 11 November 1936, Page 5

Word Count
62

GENERAL MOTORS Hokitika Guardian, 11 November 1936, Page 5

GENERAL MOTORS Hokitika Guardian, 11 November 1936, Page 5