Is General Motors Stock a Buy, Sell, or Hold as It Hikes Its 2025 Dividend?

General Motors (GM) has announced a significant increase in its quarterly dividend, effective April 2025. This decision comes as President Donald Trump’s proposed tariffs on aluminum and steel imports from Canada and Mexico loom, potentially taking effect as early as March 12. Plus, Trump says he anticipates levying an up-to-25% tariff on cars and auto parts as soon as April. 

As a result, the automotive sector is bracing for potential disruptions to supply chains and reduced earnings. General Motors has extensive North American operations, raising the stakes. Its Mexican production, largely destined for the U.S., could be disrupted. Models like the Chevrolet Silverado and GMC pickup trucks might see price hikes under the new tariffs.