Ford brings back dividend after 5-year gap


Ford brings back dividend after 5-year gap

DETROIT (Reuters) – Ford Motor Co restored its dividend for the first time in five years on Thursday, with a quarterly payout of 5 cents per share that the No. 2 U.S. automaker said it could maintain during any future downturn. The dividend, payable to common and Class B shareholders in March, will cost Ford about $190 million in the first quarter. If paid out over the course of the year, Ford …

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Ford brings back dividend after 5-year gap




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Posted in Dividend News on Dec 8th, 2011, 5:38 pm by Stock Investor   

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