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?
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