In another sign of its success, Ford has announced that it will be paying out a quarterly dividend, the first time it will do so in over five years. The five-cents-a-share dividend will begin on March 1, 2012. According to The Detroit Free Press, the move will cost Ford about $200 million per quarter. Ford is the first Detroit carmaker to pay a dividend on common stock since General Motors suspended its dividend in 2008.
Autoblog, Ford reinstates dividend, first one in half-decade
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