Wednesday, January 13, 2016

Ford Giving Extra Dividend

Yesterday, Ford announced that they are distributing an extra one time $0.25 dividend to shareholders. It is to be payable along with the regular $0.15 quarterly dividend on March 1st. Bloomberg's Keith Naughton writes about it (link here).

The fund was very happy to hear of this of course. With this extra dividend, the road to wealth has been quickened. The fund will reinvest this dividend.

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