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Post by TonyV on Dec 10, 2011 13:11:01 GMT -5
Today, we announced that the Board of Directors has reinstated a quarterly stock dividend of 5 cents per share. The dividend will be paid March 1, 2012, to shareholders of record on Jan. 31, 2012. Attached is the news release we issued to representatives of the news media.
Congratulations to everyone. Reinstating the dividend is another important milestone in our transformation and is consistent with our long-term capital strategy. Now that we have been able to protect the investments needed for future products, invest in growth around the world, and make significant improvements in our balance sheet, we can afford to resume the dividend and provide a return to our shareholders who have invested in Ford.
We could not have made any of these steps without everyone’s efforts to improve the profitability of our operations around the world.
Thank you.
L.W.K. Booth
Executive Vice President and Chief Financial Officer
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