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Ford Motor Company Board Declares Dividend for Second-Quarter 2022
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
The board of directors of Ford Motor Company has declared a regular dividend of 10 cents per share for the second quarter. This dividend will be paid out on June 1 to shareholders recorded by the close of business on April 26. This move reflects Ford's ongoing commitment to providing returns to its investors while pursuing its Ford+ growth plan, which focuses on electrification and mobility solutions.
Positive
Dividend of 10 cents per share demonstrates commitment to shareholder returns.
The dividend payment date of June 1 indicates stable cash flow.
Negative
None.
DEARBORN, Mich.--(BUSINESS WIRE)--
The board of directors of Ford Motor Company today declared a second-quarter regular dividend of 10 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, that is 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 and deepen the loyalty of those customers. Ford designs, manufactures, markets and services a full line of connected, increasingly electrified passenger and commercial vehicles: Ford trucks, utility vehicles, vans and cars, and Lincoln luxury vehicles. The company is pursuing leadership positions in electrification, connected vehicle services and mobility solutions, including self-driving technology, and provides financial services through Ford Motor Credit Company. Ford employs about 183,000 people worldwide. More information about the company, its products and Ford Motor Credit Company is available at corporate.ford.com.
