Current Report: Ford Motor Co.
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Ford Motor Co. (F) manufactures automobiles under its Ford and Lincoln brands.
In March 2022, the company announced that it would run its combustion engine business, Ford Blue, and its BEV business, Ford Model e, as separate businesses but still all under Ford Motor.
The company has nearly 13% market share in the United States, about 11% share in the U.K., and under 2% share in China including unconsolidated affiliates.
Sales in the U.S. made up about 66% of 2023 total company revenue. Ford has about 177,000 employees, including about 59,000 UAW employees.
The company was incorporated in 1903 and is based in Dearborn, Michigan.
Three key data points gauge Ford or any dividend-paying firm.
The key three are:
(1) Price
(2) Dividends
(3) Returns
Those three keys also best tell whether any company has made, is making, and will make money.
F Price
Over the past year, Ford’s share price went up 4.5% from $9.96 to $10.41 as of Tuesday’s market close.
In the past 10 years, the company’s share price has rarely been less than $4.00 nor higher than $25.19. Ford’s all-time high price reached $37.18 in May 1999.
If shares trade in the range of $9.50 to $14.50 this next year, the recent $10.41 share price might grow to $12.50. Of course, F's share price could also drop about the same $2.09 estimated amount or more.
My $2.09 price upside estimate is based on the median of one-year target prices estimated by 23 analysts tracking F stock for Brokers
F Dividend
Ford Motor Co. has paid variable quarterly dividends since March 2012. The company’s most recent Q dividend of $0.15 was declared July 13th for shareholders of record July 20th and the payout was made September 1st.
The resulting $0.60 Annual dividend yields 5.76%, as of Tuesday’s closing price.
F Returns
Putting it all together, a $2.69 estimated annual gross gain per share shows up by adding Ford’s annual $.60 dividend to the estimated price upside of $2.09, totaling that $2.69 gross gain.
Slightly over $1000 buys 96 shares at Tuesday’s $10.41 price.
A $10 broker fee (if charged), collected half at purchase and half at sale, might take about $0.104 per share out of the $2.69 gross gain to give us a net gain of $2.586 X 96 shares = $248.26 for about a 24.8% estimated net gain for the year.
Furthermore, the $57.60 annual dividend paid from $1k invested is over 5.5 times more than the $10.41 single share price. By these numbers, F might be an ideal dividend dog.
You might choose to pounce on Ford Motor Co It is a 121-year-old Quarterly dividend-paying Michigan-based auto manufacturer with a 12-year quarterly dividend record.
The exact track of Ford’s future price and dividend will entirely be determined by market action and company finances.
Remember the best measure of stock values is direct ownership of them.
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Disclosure: This article was compiled by Rydlun & Co., LLC from data derived from www.ycharts. com; www.finance.yahoo.com; analyst median target price by YCharts.
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