All It Takes Is 1,700 Shares of This High-Yielding Dividend Stock to Generate Over $1,000 in Yearly Dividends.
Over the long term, this company has a solid chance of delivering growing dividend income while also appreciating in value.
Overview
Investors considering Ford Motor Company (NYSE: F) have some pluses and minuses to weigh as they decide.
A big plus for the company is its dividend, which recently yielded a solid 4.25%. With that kind of yield, you could generate more than $1,000 in annual income if you owned around 1,700 shares. Those shares would cost you about $23,400, as of Aug. 6.
Details
Why invest in Ford? Well, it has been working to turn around its fortunes, and management is optimistic, having recently increased its projections. The stock has averaged annual gains of roughly 5% over the past five, 10, and 15 years, but it's up around 33% over the past year.
Source
Originally published at www.fool.com.
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