Ford announces Q3 dividend of 15 cents per share

Michael Martinez
The Detroit News

Ford Motor Co. on Thursday announced a third-quarter dividend of 15 cents per share, the same amount paid during the first and second quarters of 2015.

The 15-cents-per-share payout represents a 20 percent increase from the dividend paid to shareholders during each quarter in 2014.

The dividend is payable on Sept. 1 to shareholders of record at the close of business on July 31.

For a five-year span dating from late 2006 through 2011, Ford paid no dividend.

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