Ford Dividend Coming Back

Ford started paying its dividend again in 2012 after removing it in 2006.
Ford dividend coming back. 2020 nbsp market data provided is at least 15 minutes delayed and hosted by barchart solutions. The dividend represents an annual cost of 2 4 billion to the dearborn based auto. There are typically 4 dividends per year excluding specials and the dividend cover is approximately 7 8. The analyst is expecting that march 2020 sales will be 40 percent lower this year than they were in 2019.
New york stock exchange. Ford s 0 60 per share annual dividend comes out to an enticing 6 6 yield. There was for example the suspension of the dividend which will reduce the cash burn by 2 4 billion and the draw down on 15 4 billion from credit lines. Dividend was 15c and it went ex 7 months ago and it was paid 6 months ago.
The overall rating is a weighted average of the three other rated categories listed below. Quarterly per share. New information has surfaced in a report from investorplace looking at when the earliest time that ford might reinstate the dividend could be. When ford ended its dividend many investors wondered when or if it might come back.
15c ex div. It has consistently increased its dividend annually since then and it now pays 0 50 annually. Shareholders who invested in ford for the dividend should buckle their seat belts. It is a general indication of the health of a dividend.
But management is going to have to look under the hood for ways to preserve cash and the dividend is likely to be a casualty. The previous ford motor co. Ford s 6 59 dividend yield is two to four percentage points higher than most major peers with the exception of daimler ag the american depositary receipt of which pays a 6 61 yield. Ford is also exploring.
Excellent 5 the rating for dividend history is. Analysts at morgan stanley and berenberg say ford can no longer afford to pay the 15 cent dividend the most generous among its automotive peers as earnings evaporate overseas and the company.