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GM to pay first dividends in six years

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General Motors will pay its first dividend to shareholders since June 2008. 

The news follows an eventful December for the US automotive giant, in which it announced it had sold the last of its government-held shares, would appoint its first female CEO, would invest $US 1.3 billion in three US states, and would end the manufacture of its Holden brand in Australia by 2018.

GM went bankrupt in 2009 and was bailed out by the US government.

The first quarterly dividend payments in nearly six years will be worth $US 0.30 per share, Reuters reports.

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