Ford Motor Company’s profits and guidance disappointed investors. But what about the company’s chances of paying out a dividend?
RBC Capital Markets analysts agreed with Ford management’s judgment that the dividend is secure in 2020 in a research note released after the company’s earnings report on Tuesday. They did caution, though, that the dividend “may have to be a difficult decision in 2021.”
Is Ford a good dividend paying stock?
Ford Motor Company’s John Rosevear: Ford does not currently pay a dividend. Ford paid a very nice dividend — $0.15 per quarter — until the COVID-19 outbreak early last year, and it announced this week that it aims to return that payment as soon as feasible.
Is Ford paying a dividend in 2021?
On November 18, 2021, Ford Motor Company (F) will begin trading ex-dividend. On December 1, 2021, the company will issue a cash dividend of $0.1 per share. The cash dividend is payable to shareholders who purchased F before the ex-dividend date.
Can Ford maintain its dividend?
DETROIT (AP) — Ford Motor Company will resume paying its usual dividend in the fourth quarter, more than a year and a half after withholding payments during the coronavirus pandemic’s early days.
Ford said that the fourth-quarter dividend of 10 cents per share on outstanding ordinary and Class B stock will be paid to stockholders on December 1 after the close of business on November 19. The dividend was announced along with the company’s third-quarter profits, which topped Wall Street’s estimates.
How often are Ford dividends paid?
The dividend is likely to be declared in two months and paid in three months. The previous Ford Motor Company dividend was 10c, which was exempt 19 days ago and paid 6 days ago. The dividend cover is roughly 7.8 and there is usually one dividend each year (excluding specials).
Did Ford suspend their dividend?
Ford decided to withhold its dividend in March 2020, at a time when the coronavirus epidemic was still causing uncertainties. Last year, Ford saved $2.4 billion in cash by not paying the $0.15 per share quarterly dividend.
Is Ford stock a good investment?
Fundamental and technical research are crucial in determining whether Ford stock is a good buy right now.
Ford stock has an IBD Composite Rating of 88 out of a possible 99, according to the IBD Stock Checkup tool. In terms of the most important fundamental and technical stock-picking criteria, Ford stock ranks relatively well compared to all stocks, but not outstanding.
The EPS Rating for Ford is 36 out of 99, and it compares quarterly and annual earnings-per-share growth to that of all other equities. Over the last decade, Ford has had a shaky financial track record, with multiple quarters of earnings reductions. Forward-looking projections, on the other hand, point to growth.
In comparison to its peers in the automobile sector, the manufacturer is ranked third. IBD’s automobile group is ranked fourth out of 197 industry groups covered by the publication. In general, it’s best to concentrate on the top stocks in IBD’s top quartile. The automobile group has risen from near the bottom of the rankings to join the top ten.
What’s the highest Ford stock has been?
Ford Motor Company – Stock Price History for the Past 49 Years | F
- The 52-week high stock price for Ford Motor is $20.79, which is 8.6 percent more than the current share price.
- The 52-week low stock price for Ford Motor is $8.43, which is 56% lower than the current share price.
What is Ford’s stock expected to do?
Stock Price Predictions The median price goal for Ford Motor Co among the 19 analysts that provide 12-month price projections is 20.00, with a high estimate of 24.00 and a low estimate of 12.00. The median estimate reflects an increase of +4.44 percent over the previous price of 19.15.
