F Stock – Dividend Hike Sends Ford Stock Higher

It's the second dividend hike for Ford in two years

   

F Stock – Dividend Hike Sends Ford Stock Higher

Ford Motor Company1 300x191 F Stock   Dividend Hike Sends Ford Stock HigherOn Thursday, the nation’s second largest automaker announced plans to boost it quarterly dividend.

Ford (F) said it would raise its quarterly dividend to 12.5 cents a for each share of qualifying F stock. The higher dividend will be paid on outstanding Class B and common F stock for the first quarter of 2014. Holders of F stock on Jan. 31, will receive the higher dividend for F stock on Mar. 4.

Ford1 F Stock   Dividend Hike Sends Ford Stock Higher
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The bump represents a 25% increase over the dividend paid on F stock for the first quarter of 2013. It also marks the second time Ford has raised its quarterly dividend on F stock in the lat two years. The automaker attributed the dividend hike to “strong 2013 performance.”

F stock climbed more than 1% in pre-market trading on Thursday. F stock has dropped about 11% since October.


Article printed from InvestorPlace Media, http://investorplace.com/2014/01/f-stock-dividend-hike-sends-ford-stock-higher/.

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