Ford Motor (NYSE:F) to Issue $0.15 Quarterly Dividend

Ford Motor (NYSE:F - Get Free Report) announced a quarterly dividend on Wednesday, February 5th,Wall Street Journal reports. Investors of record on Tuesday, February 18th will be given a dividend of 0.15 per share by the auto manufacturer on Monday, March 3rd. This represents a $0.60 dividend on an annualized basis and a yield of 6.49%. The ex-dividend date of this dividend is Tuesday, February 18th.

Ford Motor has raised its dividend by an average of 44.2% per year over the last three years. Ford Motor has a dividend payout ratio of 34.5% meaning its dividend is sufficiently covered by earnings. Research analysts expect Ford Motor to earn $1.67 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 35.9%.

Ford Motor Stock Performance

Shares of F stock traded down $0.01 during trading on Friday, reaching $9.25. 140,376,138 shares of the company's stock traded hands, compared to its average volume of 77,278,144. The firm's 50-day moving average is $10.06 and its 200 day moving average is $10.54. The company has a market capitalization of $36.76 billion, a P/E ratio of 6.34, a PEG ratio of 1.80 and a beta of 1.63. The company has a current ratio of 1.16, a quick ratio of 0.98 and a debt-to-equity ratio of 2.31. Ford Motor has a 1 year low of $9.18 and a 1 year high of $14.85.

Ford Motor (NYSE:F - Get Free Report) last posted its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, topping the consensus estimate 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 expect that Ford Motor will post 1.7 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on F shares. Wolfe Research restated an "underperform" rating on shares of Ford Motor in a research note on Thursday, December 5th. Sanford C. Bernstein lowered Ford Motor from an "outperform" rating to a "market perform" rating and set a $11.00 price target for the company. in a research note on Thursday, November 7th. Wells Fargo & Company dropped their price target on Ford Motor from $9.00 to $8.00 and set an "underweight" rating for the company in a research report on Thursday. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Ford Motor from $11.00 to $10.00 and set a "hold" rating for the company in a report on Wednesday, October 30th. Finally, Bank of America cut their price objective on Ford Motor from $19.00 to $15.50 and set a "buy" rating on the stock in a research report on Thursday. Three equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $12.04.

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.