During 1992, General Motors paid out approximately $990 million ($1.40 per share) in common stock dividends (a

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During 1992, General Motors paid out approximately $990 million ($1.40 per share)

in common stock dividends (a decrease in stockholders’ equity). During the same period, the company sold $2.145 billion in new common stock (an increase in stockholders’ equity) and incurred $53.625 million in issuance costs. P-698

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