The Board of Directors of Ford Motor Company today declared a fourth quarter dividend of $0.15 per share on the company’s outstanding Class B and common stock.
The fourth quarter dividend is the same as the dividends paid in the previous quarters this year, and a 20% increase from the dividends paid during each quarter of 2014.
Ford’s capital strategy remains to maintain an investment grade balance sheet, finance the One Ford plan and deliver shareholder value, it said in a statement. The Q4 dividend is payable on Dec. 1, 2015 to shareholders of record at the close of business on Oct. 30, 2015.