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Ford doubles dividend to 10 cents a share amid record profit margins


Ford doubled its quarterly dividend to 10 cents a share after record profit margins boosted its cash reserves. The second-largest U.S. automaker announced its first-quarter dividend will be payable March 1 to shareholders of record on January 30. Ford, which resumed paying a dividend last year after a five-year break, cited its strengthening business as the reason for increasing the payout. “Our ...
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