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

Key Points

• Ford Motor Company announced a quarterly dividend of $0.15 per share, with stockholders of record to be paid on December 1st, marking a dividend yield of 4.9%.
• The company reported a quarterly EPS of $0.45, exceeding analysts' expectations of $0.38, and experienced a revenue increase of 9.4% year-over-year, totaling $50.53 billion.
• Ford has a payout ratio of 45.5%, with future earnings expected to comfortably cover the annual dividend of $0.60 per share.

Ford Motor Company (NYSE:F - Get Free Report) announced a quarterly dividend on Thursday, October 23rd. Stockholders of record on Friday, November 7th will be paid a dividend of 0.15 per share by the auto manufacturer on Monday, December 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date is Friday, November 7th.

Ford Motor has a payout ratio of 45.5% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Ford Motor to earn $1.54 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 39.0%.

Ford Motor Stock Performance

Shares of F stock opened at $12.31 on Friday. The business's 50-day moving average price is $11.80 and its 200-day moving average price is $11.01. Ford Motor has a 12 month low of $8.44 and a 12 month high of $12.80. The firm has a market capitalization of $48.99 billion, a price-to-earnings ratio of 15.78, a PEG ratio of 3.65 and a beta of 1.53. The company has a current ratio of 1.10, a quick ratio of 0.95 and a debt-to-equity ratio of 2.24.

Ford Motor (NYSE:F - Get Free Report) last announced its quarterly earnings results on Thursday, October 23rd. The auto manufacturer reported $0.45 EPS for the quarter, beating analysts' consensus estimates of $0.38 by $0.07. Ford Motor had a return on equity of 12.46% and a net margin of 1.70%.The firm had revenue of $50.53 billion for the quarter, compared to analyst estimates of $43.08 billion. During the same period last year, the firm posted $0.49 earnings per share. The business's revenue for the quarter was up 9.4% on a year-over-year basis. Equities research analysts forecast that Ford Motor will post 1.47 EPS for the current year.

Institutional Investors Weigh In On Ford Motor

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Capital Investment Advisors LLC increased its position in shares of Ford Motor by 1.3% during the third quarter. Capital Investment Advisors LLC now owns 64,112 shares of the auto manufacturer's stock worth $767,000 after acquiring an additional 824 shares in the last quarter. Perigon Wealth Management LLC grew its holdings in Ford Motor by 2.4% during the third quarter. Perigon Wealth Management LLC now owns 35,686 shares of the auto manufacturer's stock worth $427,000 after buying an additional 851 shares in the last quarter. Mather Group LLC. grew its holdings in Ford Motor by 4.8% during the third quarter. Mather Group LLC. now owns 19,316 shares of the auto manufacturer's stock worth $231,000 after buying an additional 878 shares in the last quarter. Advisors Capital Management LLC grew its holdings in Ford Motor by 7.1% during the second quarter. Advisors Capital Management LLC now owns 13,428 shares of the auto manufacturer's stock worth $146,000 after buying an additional 885 shares in the last quarter. Finally, Parcion Private Wealth LLC grew its holdings in Ford Motor by 7.9% during the second quarter. Parcion Private Wealth LLC now owns 12,557 shares of the auto manufacturer's stock worth $136,000 after buying an additional 919 shares in the last quarter. 58.74% of the stock is owned by institutional investors.

About Ford Motor

Ford Motor Company develops, delivers, and services a range of Ford trucks, commercial cars and vans, sport utility vehicles, and Lincoln luxury vehicles worldwide. It operates through Ford Blue, Ford Model e, and Ford Pro; Ford Next; and Ford Credit segments. The company sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to commercial fleet customers, daily rental car companies, and governments.

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