Ford Motor Company (F) to Distribute Quarterly Dividend of $0.15 on December 1st

Ford Motor Company (NYSE:F) announced a quarterly dividend on Wednesday, October 28th. Investors of record on Tuesday, November 10th will be paid a dividend of $0.15 per share by the auto manufacturer on Tuesday, December 1st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date of this dividend is Tuesday, November 10th.

Ford Motor has increased its dividend by an average of 0.4% per year over the last three years. Ford Motor has a dividend payout ratio of 45.5% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Ford Motor to earn $1.88 per share next year, which means the company should continue to be able to cover its $0.60 annual dividend with an expected future payout ratio of 31.9%.

Ford Motor Stock Up 2.9%

Shares of NYSE:F opened at $12.30 on Friday. The company has a market capitalization of $49.04 billion, a price-to-earnings ratio of -6.24, a PEG ratio of 0.25 and a beta of 1.93. Ford Motor has a 12-month low of $11.11 and a 12-month high of $17.78. The business has a 50-day moving average price of $12.93 and a 200 day moving average price of $13.37. The company has a current ratio of 1.09, a quick ratio of 0.93 and a debt-to-equity ratio of 3.07.

Ford Motor (NYSE:F) last posted its earnings results on Wednesday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, beating analysts’ consensus estimates of $0.41 by $0.08. The company had revenue of $49.53 billion for the quarter, compared to analysts’ expectations of $49.08 billion. Ford Motor had a negative net margin of 4.17% and a positive return on equity of 18.96%. Ford Motor’s revenue for the quarter was down 2.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.45 earnings per share. Sell-side analysts expect that Ford Motor will post 1.86 EPS for the current year.

Ford Motor Company Profile

Ford Motor Co is an American automobile manufacturer founded in 1903 by Henry Ford and headquartered in Dearborn, Michigan. The company helped popularize mass automobile production and is known for brands including Ford and Lincoln.

Ford develops, manufactures and sells cars, trucks, sport utility vehicles, commercial vehicles and electric vehicles. Its product portfolio includes the F-Series pickup trucks, Transit commercial vans, Mustang sports cars and a range of utility vehicles. The company also provides vehicle software, connected services, fleet solutions, maintenance and other support services.

Ford operates through Ford Blue, which focuses on gasoline- and hybrid-powered vehicles; Model e, which develops electric vehicles and related technologies; and Ford Pro, which serves commercial and fleet customers.