Ford Motor (NYSE:F – Get Rating) announced a quarterly dividend on Thursday, April 7th, RTT News reports. Shareholders of record on Tuesday, April 26th will be given a dividend of 0.10 per share by the auto manufacturer on Wednesday, June 1st. This represents a $0.40 annualized dividend and a yield of 2.64%. The ex-dividend date of this dividend is Monday, April 25th.
Ford Motor has a payout ratio of 18.0% meaning its dividend is sufficiently covered by earnings….
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