F | Ford Motor Co. (DE) | Dividend History (2024)

FAQs

Is Ford paying a special dividend in 2024? ›

Ford Motor Co (NYSE:F) recently announced a dividend of $0.15 per share, payable on 2024-03-01, with the ex-dividend date set for 2024-02-15. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates.

15, 2024.

Ford intends to return between 40%-50% of free cash flows to shareholders, which is a healthy payout ratio considering the cyclical nature of the automotive industry.

With its 4-star rating, we believe Ford's stock is undervalued compared with our long-term fair value estimate. We are maintaining our fair value estimate at $19 per share. We think buying Ford's stock may require investor patience as management restructures the Ford Blue segment while scaling up the Model e business.

Is Ford Motor stock a Buy, Sell or Hold? Ford Motor stock has received a consensus rating of buy. The average rating score is and is based on 27 buy ratings, 20 hold ratings, and 6 sell ratings.

The highest analyst price target is $21.00 ,the lowest forecast is $9.75. The average price target represents 11.88% Increase from the current price of $12.79. Ford Motor's analyst rating consensus is a Hold.

Briefly, in order to be eligible for payment of stock dividends, you must buy the stock (or already own it) at least two days before the date of record and still own the shares at the close of trading one business day before the ex-date. That's one day before the ex-dividend date.

Last fall Ford agreed to a big raise for striking members of the United Auto Workers union. On Tuesday, they gave their shareholders an even bigger raise. The company announced it would give shareholders a second, supplemental dividend that will more than double the regular dividend they usually receive.

Why does Ford have such a high dividend? ›

The dividend payout is aimed at enhancing the firm's payout ratio and distributing a portion of its substantial automotive cash balance, which stands at $28.7 billion, to shareholders, David Whiston, analyst at Morningstar said in a note.

Black Hills Corporation (BKH -0.75%), Enbridge (ENB -0.61%), and American States Water (AWR -0.58%), on the other hand, stand out to a few Fool.com contributors for their ability to continue thriving in tough times. They have demonstrated that by continuing to increase their dividends over the decades.

Currently, Coca-Cola stock offers a dividend yield of about 3%. On Wall Street, 12 out of 17 analysts have rated KO stock a “Strong Buy.”

Meanwhile, Ford now expects free cash flow of $6.5 billion-$7.5 billion in 2024, up from its initial outlook of $6 billion-$7 billion. The auto giant also said Wednesday it anticipates 2024 capital expenditures of $8 billion-$9 billion, a narrower view compared to its previous forecast of $8 billion-$9.5 billion.

Full-Year 2024 Outlook

The company now expects to generate adjusted free cash flow of $6.5 billion to $7.5 billion – up from the initial outlook of $6 billion to $7 billion provided earlier this year.

It's that time of year again when most Ford Motor Company employees will be eligible to receive their annual profit-sharing check on March 14th, 2024. This year, approximately 58,000 U.S. hourly workers will receive up to $10,416 in profit-sharing.