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Ford's (F) Shanks Sees Resumption of Dividend in 'Near Future'

September 21, 2011 10:49 AM EDT
Ford (NYSE: F) shares have ticked higher over the last few minutes of trade as controller Bob Shanks is currently speaking at a Citi conference.

Shanks suggested the automaker may resume its dividend payment in the "relatively near future."

The topic has been an area of debate for the last year or so as the Ford rebound has gotten underway.

The stock last traded at $10.31, down about 1 percent from Tuesday's closing price.


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