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Motrolix

Ford Announces Q2 Dividend

The Board of Directors of the Ford Motor Company have declared a second quarter dividend of 5 cents per share to owners of the company’s Class B and common stock. The dividend is payable June 1, 2012 to shareholders of record on May 2, 2012.

The company paid the same level of dividend in the first quarter of 2012.

The Motrolix Take

With a healthy $8 billion net income for the full year of 2011, the decision to declare another dividend is well-timed. But should Ford be focused on appeasing shareholders or paying off its debt, which totaled $13.1 billion for the full year ending December 31, 2011?

The Motrolix staff is comprised of automotive enthusiasts and fanatics from all walks of life and all over the world. They do it for the love of cars.

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