Ford suspended its dividend in 2020
The company also announced that it would draw $15.4 billion from two credit lines to shore up its balance sheet.
Are Ford dividends suspended?
Ford suspended its dividend in March of 2020 in a decision that was made at the height of uncertainty regarding the coronavirus pandemic. ... Ford saved about $2.4 billion in cash last year by not distributing the quarterly dividend of $0.15 per share.
Will Ford reinstate their dividend?
Ford Motor said it will reinstate its regular dividend in the fourth quarter, more than a year and a half after suspending the payments during the early days of the Covid pandemic. ... The quarterly cost of the dividend will be about $400 million, CFO John Lawler said.
