Ford Motor Co. (F) Raises Quarterly Dividend 25% to $0.125; 3.2% Yield

January 9, 2014 8:04 AM EST
Ford Motor Co. (NYSE: F) declared a quarterly dividend of $0.125 per share, or $0.5 annualized. This is a 25% increase from the prior dividend of $0.10.

The dividend will be payable on March 3, 2014, to stockholders of record on January 31, 2014, with an ex-dividend date of January 29, 2014.

The annual yield on the dividend is 3.2 percent.

Ford said its dividend increase reflects strong 2013 performance and its plans going forward and is consistent with the company's One Ford goal of delivering profitable growth for all stakeholders.

"Our capital strategy continues to be focused on financing our One Ford plan, further strengthening our balance sheet and providing attractive returns to our shareholders," said Bob Shanks, chief financial officer, Ford Motor Company. "This increase in the dividend provides our shareholders with a regular, growing dividend that we believe is sustainable over an economic or business cycle."

This is the second quarterly dividend increase in the past two years. After restoring its quarterly dividend at a rate of $0.05 per share beginning with the first quarter of 2012, Ford increased its quarterly dividend to $0.10 per share beginning with the first quarter of 2013.

For a dividend history and other dividend-related data on Ford Motor Co. (F) click here.


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