Dividend-News
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Another Reason to Buy Ford Now
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Published Fri, 09 Dec 2011 00:04:22 GMT on The Motley Fool
The company is currently trading at less than 7 times earnings. Under super-CEO Allan Mulally's leadership, Ford has been successful in decreasing its total debt for 14 consecutive quarters. The company also has done a remarkable job in reducing its breakeven point. In 2006, U.S. industry sales had to total 17.1 million vehicles for Ford to avoid losing money. That number is now 12.8 million. Enter today's big news; Ford has reinstated its dividend and will pay shareholders $0.05 per share on March 1. While not unexpected, this is another step that shows the progress that Ford has made since it was near bankruptcy just a few years ago.... Read more


