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Ford Motor Company Board Declares Dividend for Second-Quarter 2023
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
The board of directors of Ford Motor Company has declared a second-quarter dividend of 15 cents per share on its outstanding common and Class B stock. This announcement signals Ford's ongoing commitment to returning value to shareholders. The dividend will be payable on June 1 to shareholders on record as of the close of business on April 26. Ford continues to focus on growth through its Ford+ plan, which aims to enhance customer loyalty while developing innovative vehicles and services across multiple segments, including gas-powered, hybrid, and electric vehicles.
Positive
Declared a second-quarter dividend of 15 cents per share.
Dividend payable on June 1, affirming shareholder value.
Continues commitment to growth through Ford+ plan.
Negative
None.
DEARBORN, Mich.--(BUSINESS WIRE)--
The board of directors of Ford Motor Company today declared a second-quarter regular dividend of 15 cents per share on the company’s outstanding common and Class B stock.
The dividend is payable on June 1 to shareholders of record at the close of business on April 26.
About Ford Motor Company
Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan, committed to helping build a better world, where every person is free to move and pursue their dreams. The company’s Ford+ plan for growth and value creation combines existing strengths, new capabilities and always-on relationships with customers to enrich experiences for customers and deepen their loyalty. Ford develops and delivers innovative, must-have Ford trucks, sport utility vehicles, commercial vans and cars and Lincoln luxury vehicles, along with connected services. The company does that through three customer-centered business segments: Ford Blue, engineering iconic gas-powered and hybrid vehicles; Ford Model e, inventing breakthrough EVs along with embedded software that defines always-on digital experiences for all customers; and Ford Pro, helping commercial customers transform and expand their businesses with vehicles and services tailored to their needs. Additionally, Ford is pursuing mobility solutions through Ford Next, and provides financial services through Ford Motor Credit Company. Ford employs about 173,000 people worldwide. More information about the company and its products and services is available at corporate.ford.com.
