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Shares of Ford (F) move up 2.4% premarket after the automaker doubles up its dividend payout...

Shares of Ford (F) move up 2.4% premarket after the automaker doubles up its dividend payout rate. More good news for Ford: The stock also lands on a list from Douglas Kass of his top stock picks for 2013. He expects shares to rise to above $17.50 during the year.
Comments (6)
  • slowtocatchon
    , contributor
    Comments (13) | Send Message
     
    Ford Fusion hybrid and Energi are game changers and will be a huge momentum boost for Ford.
    10 Jan 2013, 11:29 AM Reply Like
  • Tdot
    , contributor
    Comments (3600) | Send Message
     
    Will freely admit that this Dividend announcement was highly unexpected, as Ford has been insisting for the last year or so that they mean to maintain steady, conservative dividend payments, through good times and bad. They reportedly wanted to avoid, at all cost, having to reduce or stop the quarterly dividends again in a down year.

     

    Kudos to several commentators that called it.

     

    A 40 cent dividend will cost Ford about $1.6B a year, so they must be absolutely swimming in cash right now, with no better place to put it.
    10 Jan 2013, 12:55 PM Reply Like
  • rv3lynn
    , contributor
    Comments (397) | Send Message
     
    Well, the Ford family probably thinks this is a good place to put it.

     

    But my 20/20 hindsight screwup is that I did not buy enough shares when F was in the $1.50 - $2.00 range to provide me with free cars for life.

     

    Example: 10,000 shares @ $2.00 ($20,000) now makes dividend revenue of $333/mo. Which is enough to make the payment on many of Ford's less expensive cars and trucks.

     

    Free cars for life, who would have thought it?
    10 Jan 2013, 09:59 PM Reply Like
  • rabs69
    , contributor
    Comment (1) | Send Message
     
    It's about time there is some improvement in my small investment. I was ready to give up on them even though years ago when I worked in an auto parts company, Fords was the company most concerned about quality .
    10 Jan 2013, 04:32 PM Reply Like
  • Tdot
    , contributor
    Comments (3600) | Send Message
     
    Just remember, the dividend paid on March 1st will be based on the number of shares held on January 30th.
    10 Jan 2013, 05:15 PM Reply Like
  • jimmygt
    , contributor
    Comments (22) | Send Message
     
    go gp go ford now we can all buy can us gm those car are far better then hmc ore japan made cars and keep the money in country
    a

     

    n
    11 Jan 2013, 01:01 AM Reply Like
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