TribLIVE

| Business


 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

Ford raises its quarterly dividend

Email Newsletters

Click here to sign up for one of our email newsletters.

On the Grid

From the shale fields to the cooling towers, Trib Total Media covers the energy industry in Western Pennsylvania and beyond. For the latest news and views on gas, coal, electricity and more, check out On the Grid today.

Daily Photo Galleries

By The Associated Press
Friday, Jan. 10, 2014, 12:01 a.m.
 

Ford Motor Co. is raising the quarterly dividend it pays shareholders for the second time since restoring the payout in 2012.

The second-largest U.S. automaker said on Thursday its board declared a first-quarter dividend of 12.5 cents per share, a 25 percent increase from the previous 10-cent payout. The new dividend is payable on March 3 to shareholders of record at the close of business on Jan. 31.

Dearborn, Mich.-based Ford stopped paying a dividend in 2006, a year in which it lost $12.6 billion. After a restructuring, it returned to profitability in 2009. Ford restored its quarterly dividend at 5 cents per share in the first quarter of 2012 and doubled that dividend a year later.

Subscribe today! Click here for our subscription offers.

 

 


Show commenting policy

Most-Read Business Headlines

  1. McDonald’s localizes menus to battle growing competition
  2. Airlines offer small conveniences to counter higher fees, less space
  3. Aetna to buy rival Humana for $35B
  4. Consider these factors before opting for longer-term auto loan
  5. Longer, roomier, ritzier Sedona upgrades minivan to 1st-class
  6. National Day Calendar lends legitimacy to pseudo-holidays
  7. Air control stickiness a real puzzler
  8. Insurer Aetna to buy Humana in $35B deal
  9. Kraft shareholders approve merger with Heinz
  10. Obama overtime proposal slammed
  11. Snappers treat revitalizes Lawrenceville’s Edward Marc Brands chocolatier