During 1963, General Motors reached new high ground in many areas of the business—in unit factory sales at home and abroad, in dollar sales, in employment and payrolls, in net earnings and in dividends to the shareholders. For the second year running, records were posted in sales, earnings and dividends. General Motors worldwide sales of cars and trucks of 5,974,000 units in 1963 were 14% above 1962. Dollar sales in 1963 totaled $16,495 million, or 13% above 1962, while net income amounted to $1,592 million. Earnings per share of common stock were 55.56 compared with 1962 earnings of $5.10. The per share increase was $0.73, or 13%, if account is not taken of the extraordinary income of $0.27 per share in 1962 from General Motors' investment in Ethyl Corporation, which was sold during that year. Dividends paid in 1963 were $4.00 per share, compared with $3.00 in 1962.
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