Ford Motor Company’s Board of Directors has declared a first quarter 2015 dividend in the amount of $0.15 per share on the company’s outstanding Class B and common stock.
FoMoCo’s first quarter 2015 dividend is a 20 percent increase compared to the $0.125 per share quarterly dividends paid by the company in 2014. The increase, according to Ford, is “consistent with the company’s capital strategy of financing its plan, further strengthening its balance sheet and providing attractive returns to shareholders.”
The first quarter dividend is payable on March 2, 2015 to shareholders of record at the close of business on January 30, 2015.
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