Ford Motor Company (NYSE:F) to Issue Quarterly Dividend of $0.15

Ford Motor Company (NYSE:F) declared a quarterly dividend on Tuesday, July 28th. Stockholders of record on Tuesday, August 11th will be given a dividend of 0.15 per share by the auto manufacturer on Tuesday, September 1st. This represents a c) annualized dividend and a dividend yield of 3.8%. The ex-dividend date is Tuesday, August 11th.

Ford Motor has raised its dividend by an average of 0.4%per year over the last three years. Ford Motor has a payout ratio of 45.5% meaning its dividend is sufficiently covered by earnings. Analysts expect Ford Motor to earn $1.77 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 33.9%.

Ford Motor Stock Performance

Shares of F opened at $15.92 on Wednesday. The business’s fifty day moving average price is $14.49 and its 200 day moving average price is $13.45. The company has a debt-to-equity ratio of 2.84, a current ratio of 1.09 and a quick ratio of 0.94. Ford Motor has a 12-month low of $10.68 and a 12-month high of $17.78. The stock has a market capitalization of $63.43 billion, a PE ratio of -10.10, a price-to-earnings-growth ratio of 0.35 and a beta of 1.82.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Tuesday, July 28th. The auto manufacturer reported $0.42 EPS for the quarter, beating the consensus estimate of $0.33 by $0.09. Ford Motor had a negative net margin of 3.22% and a positive return on equity of 15.77%. The business had revenue of $48.30 billion during the quarter, compared to analyst estimates of $47.24 billion. During the same period in the previous year, the business posted $0.37 EPS. The company’s quarterly revenue was down 3.8% on a year-over-year basis. Equities research analysts forecast that Ford Motor will post 1.62 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. MV Capital Management Inc. acquired a new stake in shares of Ford Motor during the 4th quarter valued at about $25,000. McMillan Office Inc. acquired a new position in Ford Motor in the fourth quarter worth approximately $26,000. Johnson Financial Group Inc. increased its holdings in Ford Motor by 55.4% in the third quarter. Johnson Financial Group Inc. now owns 2,348 shares of the auto manufacturer’s stock worth $28,000 after buying an additional 837 shares during the last quarter. Legacy Wealth Managment LLC ID raised its position in Ford Motor by 108.4% during the first quarter. Legacy Wealth Managment LLC ID now owns 2,365 shares of the auto manufacturer’s stock valued at $27,000 after acquiring an additional 1,230 shares in the last quarter. Finally, Garton & Associates Financial Advisors LLC bought a new position in Ford Motor during the fourth quarter valued at approximately $32,000. Hedge funds and other institutional investors own 58.74% of the company’s stock.

About Ford Motor

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.