Ford Motor Co. (F) Reinstates $0.05 Quarterly Dividend; 1.9% Yield
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Price: $15.08 +3.01%
Overall Analyst Rating:
NEUTRAL (
Down)
Dividend Yield: 3%
Revenue Growth %: 0.0%
Overall Analyst Rating:
NEUTRAL (
Down)Dividend Yield: 3%
Revenue Growth %: 0.0%
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Ford Motor Co. (NYSE: F) declared a quarterly dividend of $0.05 per share, or $0.2 annualized.
The dividend will be payable on March 1, 2012, to stockholders of record on January 31, 2012, with an ex-dividend date of January 27, 2012.
The annual yield on the dividend is 1.9 percent.
"We have made tremendous progress in reducing debt and generating consistent positive earnings and cash flow," said Bill Ford, executive chairman, Ford Motor Company. "The board believes it is important to share the benefits of our improved financial performance with our shareholders. We are pleased to reinstate a quarterly dividend, as it is an important sign of our progress in building a profitably growing company and our confidence in the future."
"Building a strong balance sheet that supports our growth plans remains a core part of our One Ford strategy," said Booth. "We have demonstrated our capability to finance our plans and we are confident that we can begin to pay a dividend that will be sustainable through economic cycles."
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The dividend will be payable on March 1, 2012, to stockholders of record on January 31, 2012, with an ex-dividend date of January 27, 2012.
The annual yield on the dividend is 1.9 percent.
"We have made tremendous progress in reducing debt and generating consistent positive earnings and cash flow," said Bill Ford, executive chairman, Ford Motor Company. "The board believes it is important to share the benefits of our improved financial performance with our shareholders. We are pleased to reinstate a quarterly dividend, as it is an important sign of our progress in building a profitably growing company and our confidence in the future."
"Building a strong balance sheet that supports our growth plans remains a core part of our One Ford strategy," said Booth. "We have demonstrated our capability to finance our plans and we are confident that we can begin to pay a dividend that will be sustainable through economic cycles."
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