Is Ford Stock a Buy for Its Dividend?
Despite a well-covered 4.7% forward yield, Ford's dividend history suggests caution.
Overview
Ford Motor Company (NYSE: F) has a forward dividend yield of around 4.6%. Alongside its regular quarterly cash dividend of 15 cents per share, the automaker issues special dividends when the company achieves higher cash flow and profitability.
It's difficult to predict when Ford will pay out these special dividends. Based solely on the dividend, should dividend-focused investors make this a long-term holding?
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.