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Motrolix

Ford Raises Q1 2014 Dividend By 25 Percent

With impressive sales results all over the world and a healthy outlook for the future, 2014 is most definitely off to a great start for the Ford Motor Company. But The Blue Oval is not done yet, as its Board of Directors has just declared a first-quarter 2014 dividend of $0.125 per share on its outstanding Class B and common stock. The new amount represents a 25 percent increase over the level of the dividend paid in each quarter of 2013. The first quarter dividend is payable on March 3, 2014 to shareholders of record at the close of business on January 31, 2013.

Ford notes that the dividend increase is a reflection of strong performance in 2013 and a healthy outlook for the future while being consistent with the company’s One Ford goal of delivering profitable growth for all stakeholders.

“Our capital strategy continues to be focused on financing our One Ford plan, further strengthening our balance sheet and providing attractive returns to our shareholders,” said Bob Shanks, chief financial officer, Ford Motor Company. “This increase in the dividend provides our shareholders with a regular, growing dividend that we believe is sustainable over an economic or business cycle.”

Notably, through the first three quarters of 2013, Ford has increased its liquidity position by $3 billion and has extended the number of consecutive quarters of positive automotive operating-related cash flow to 14. This dividend increase is Ford’s second in the past two years, with the automaker first having restored its quarterly dividend starting with the first quarter of 2012 at a rate of $0.05 per share, which was then increased to $0.10 per share beginning with the first quarter of 2013.

The Motrolix Take

Simply put, FoMoCo is on a roll — and its success seems to be unstoppable at this point thanks to growing sales and market share, impressive profits, a steadily-improving balance sheet, and content investors — all thanks to market-leading product. What’s not to like?

News editor focusing on business, financial, and sales coverage who loves anything on wheels, especially if it's fast.

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