With a 4.06% Yield, Is Ford a No-Brainer Dividend Stock to Buy in June?
Investors are piling into the Detroit automaker, as its shares have surged 44% over the past 12 months.
With a 4.06% Yield, Is Ford a No-Brainer Dividend Stock to Buy in June?
Overview
Ford Motor Company (NYSE: F) shares have been on a tear. In the past 12 months, they have climbed 44% (as of June 5).
In three of the last four quarters, the business reported profits that exceeded analyst estimates. Market sentiment toward the automotive stock has also improved, as the price-to-earnings (P/E) ratio has expanded by 38% in the past year.
Details
Ford's dividend yield is still meaningful at 4.06%. Is this a no-brainer dividend stock to buy in June?
Source
Originally published at www.fool.com.
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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.
