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GM Raises Dividends on Two Classes of Stock: General Motors Corp.'s board approved dividend increases for Class E and Class H common stocks, reflecting improved earnings of the Electronic Data Systems Corp. and Hughes Electronics Corp. subsidiaries. Class E stock was increased to 12 cents a share from 10 cents a share on a quarterly basis, a 20% increase. Class H stock was raised to 20 cents a share from 18 cents, the rate in effect since the first quarter of 1989.