Ford Dividend Announcement 2020
Ford motor company was founded by henry ford and incorporated in michigan on june 16 1903.
Ford dividend announcement 2020. 8 2020 the board of directors of ford motor company today declared a first quarter regular dividend of 15 cents per share on the company s outstanding class b and common stock. Ford has said many times even before hackett became ceo that the dividend would be safe if sales went back to 09 levels whiston said. Dividend was 15c and it went ex 7 months ago and it was paid 6 months ago. Ford said it would suspend its dividend and withdraw its 2020 guidance due to the coronavirus.
Wild swings on the stock market drove up prices overall on thursday while ford closed at 4 47 a share down. Ford motor company f recently announced that the company will suspend its 15 cents per share quarterly dividend and withdraw the 2020 guidance to preserve cash as vehicle sales fade on the. Ford media center ford motor company declares dividend for first quarter 2020 dearborn mich jan. There are typically 4 dividends per year excluding specials and the dividend cover is approximately 7 8.
Shares were down 2 in early. And even the lowest projections as of mid march. The amount is identical to regular dividends paid by the company each quarter since 2016. 8 2020 the board of directors of ford motor company today declared a first quarter regular dividend of 15 cents per share on the company s outstanding class b and common stock.
The previous ford motor co. Thursday s announcement did not specify for how long the dividend would be suspended. Shares of ford motor co. In 1919 henry ford bought out all of these investors and reincorporated the company in the state of delaware.
Wed 29 jan 2020. The corporation s common stock was entirely owned by henry ford and a small group of local investors.
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