Today Ford released its quarterly dividend. It is the first dividend that KDK Fund has received from Ford. By automatically reinvesting the dividend, KDK Fund now owns 6% more of Ford stock than it did on Friday. Ford's stock is currently priced at $16.42.
This is the sixth dividend payment made to KDK Fund this year. Dividends now constitute 0.8% of the fund's Ford holdings and 0.7% of the portfolio. The fund continues to make dividend growth by reinvestment a focus point. The next scheduled dividend for KDK Fund will be around June 15th by Realty Income.
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