Ford Motor (NYSE:F) Declares $0.15 Quarterly Dividend

Ford Motor (NYSE:F - Get Free Report) announced a quarterly dividend on Monday, April 28th, RTT News reports. Stockholders of record on Monday, May 12th will be paid a dividend of 0.15 per share by the auto manufacturer on Monday, June 2nd. This represents a $0.60 annualized dividend and a dividend yield of 5.99%.

Ford Motor has raised its dividend payment by an average of 44.2% per year over the last three years. Ford Motor has a payout ratio of 45.5% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Ford Motor to earn $1.54 per share next year, which means the company should continue to be able to cover its $0.60 annual dividend with an expected future payout ratio of 39.0%.

Ford Motor Stock Performance

Shares of F traded down $0.03 during trading hours on Monday, reaching $10.01. 76,870,372 shares of the company traded hands, compared to its average volume of 72,530,450. The stock's fifty day moving average is $9.64 and its 200 day moving average is $10.10. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16. The stock has a market cap of $39.67 billion, a P/E ratio of 6.86, a price-to-earnings-growth ratio of 0.61 and a beta of 1.41. Ford Motor has a 1-year low of $8.44 and a 1-year high of $14.85.

Ford Motor (NYSE:F - Get Free Report) last released its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, topping analysts' consensus estimates of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. Equities research analysts anticipate that Ford Motor will post 1.47 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have commented on F. UBS Group decreased their price objective on Ford Motor from $10.00 to $9.00 and set a "neutral" rating on the stock in a research report on Thursday, April 10th. StockNews.com cut Ford Motor from a "hold" rating to a "sell" rating in a report on Thursday, April 10th. Citigroup began coverage on Ford Motor in a report on Wednesday, April 23rd. They set a "neutral" rating and a $10.00 price objective for the company. Evercore ISI reduced their target price on shares of Ford Motor from $11.00 to $10.00 and set an "in-line" rating on the stock in a research note on Monday, February 10th. Finally, Sanford C. Bernstein downgraded shares of Ford Motor from a "market perform" rating to an "underperform" rating and dropped their price target for the stock from $9.40 to $7.00 in a research note on Wednesday, April 9th. Five equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and two have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $9.77.

Ford Motor Company Profile

Ford Motor Company develops, delivers, and services a range of Ford trucks, commercial cars and vans, sport utility vehicles, and Lincoln luxury vehicles worldwide. It operates through Ford Blue, Ford Model e, and Ford Pro; Ford Next; and Ford Credit segments. The company sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to commercial fleet customers, daily rental car companies, and governments.

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