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Ford Motor declares $0.15 quarterly dividend

Ford MotorFord Motor declared a quarterly dividend of $0.15 per share, or $0.6 annualized.

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The dividend will be payable on March 1, 2017, to stockholders of record on January 20, 2017, with an ex-dividend date of January 18, 2017. The annual yield on the dividend is 4.7 percent.

Also declares first quarter supplemental cash dividend – or $0.05 per share – for a combined $0.20 per share.

Ford said it is on track for another strong year in 2016 and continues to expect about $10.2 billion in total company adjusted pre-tax profit.

The company now expects its adjusted effective tax rate to be in the low 30 percent range.

“As we close 2016, Ford continues to be a solid investment with attractive upside on emerging opportunities,” said Mark Fields, Ford president and CEO.

“We are pleased to, once again, reward our shareholders with a regular and supplemental dividend, as we continue delivering profitable growth for all.”


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