Ford Declares First-Quarter Dividends
14 January 2000
Ford Declares First-Quarter DividendsDEARBORN, Mich., Jan. 13 -- The Board of Directors of Ford Motor Company today declared a first-quarter dividend of 50 cents a share on the company's Class B and common stock. This is the same dividend paid in the fourth quarter of 1999. The board also declared a dividend of 51.5625 cents a share on the depositary shares representing the company's Series B Cumulative Preferred Stock. The dividend on the Series B Preferred Stock equals the quarterly amount of the annual cumulative dividend of $2.0625 per depositary share. The first-quarter dividends are payable on March 1, 2000 to shareholders of record on February 1st.